I don’t know who your broker is but you are right 100000/8=12500 shares payable @ 7c. BUT next year
same amount 12500 options payable @ 11c if you wish to buy them which will then convert into ordinary shares.
For each share you buy at .07c you will get one option @ 11c which you can take up anytime until december 2018.
Hope this clarifies it for you @ronleech
Cheers
Ann: $6M Underwritten Entitlement Offer to Fast Track Ancuabe, page-148
Add TON (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $14.11M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 0.9¢ | 0.9¢ | $1.129K | 125.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 2641773 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 413500 | 3 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| TON (ASX) Chart |