• Eligible shareholders able to subscribe for new shares priced at $0.25 per share on the basis of 7 shares for every 15 shares held
• Each new share to attract a free attaching, listed DYL option with an exercise price of $0.50 and expiring on 1 June 2022 (unless accelerated)
Apart from the fact that the Options to be issued will be listed, the other interesting issue for me is the Exercise Price of $0.50c - clearly a long way out, but also a sign of confidence by the company that the heads price will be well above the $0.50c mark.
I'm more than happy to take up my full entitlement + and park them in the bottom draw....
GLTAH.
decisions descisions, page-4
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Last
$1.45 |
Change
-0.060(3.99%) |
Mkt cap ! $1.401B | |||
| Open | High | Low | Value | Volume |
| $1.50 | $1.52 | $1.41 | $6.077M | 4.197M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50000 | $1.44 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.45 | 10736 | 1 |
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| Last trade - 16.10pm 07/10/2024 (20 minute delay) ? |
| DYL (ASX) Chart |