That is correct Clarky, and the market will decide the ballpark for the new sp via bids and offers put on the board on Friday morning 12 June after all previous bids and offers have been expunged (cleansed) from the board.
Hopefully, we'll have some interesting news before or leading up to that event (like the rig is about to mobilise) and the market won't discount the shares by the full amount of the payout....will all depend on what those wanting to get in are willing to pay.
Capital Return, page-12
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Last
1.3¢ |
Change
0.001(8.33%) |
Mkt cap ! $62.33M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.3¢ | 1.2¢ | $122.8K | 9.870M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 5956783 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 14877106 | 20 |
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| OEL (ASX) Chart |