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Ann: Acquisition of NSW Cobalt Nickel Project, page-47

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Coolone2

16 Posts.

1

07/12/17

09:54

Post #: 29442323
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Originally posted by ddzx ↑

if you bought at 1.5 and now hold, you have a right to buy 3 new shares for every 4 shares held for 0.4 cents each

so if you originally bought 100,000 shares at 1.5 cents each for $1,500, you can buy another 75,000 shares at 0.4 cents each for $300. you will have 175,000 shares at average price of 1.0 cents

*****

if you buy another 100,000 shares at 0.7 cents today (in addition to your 100,000 already held), you can buy another 150,000 shares at 0.4 cents each for $600. you will have 350,000 shares at average price of 0.8 cents

*******************

if you buy another 200,000 shares at 0.7 cents, you can buy another 225,000 shares at 0.4 cents each for $900. you will have 525,000 shares at average price of 0.7 cents

************

don't forget you have rights to buy 3 new share for every 4 shares held for 0.4 cents each and the "ex" or "entitlement" date has not been announced yet

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Thanks ddzx for this. Will look into it a bit more......... and look for some $ to spend ...

RIR Price at posting: 0.8¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 32.5¢		Change -0.005(1.52%)		Mkt cap ! $595.1M

Open	High	Low	Value	Volume
34.0¢	34.0¢	32.0¢	$1.365M	4.136M

Buyers (Bids)

No.	Vol.	Price($)
2	23249	32.5¢

Sellers (Offers)

Price($)	Vol.	No.
33.0¢	70533	2

View Market Depth

No.	Vol.	Price($)
2	23249	0.325
6	102733	0.320
9	142878	0.315
16	962529	0.310
7	308012	0.305

Price($)	Vol.	No.
0.330	70533	2
0.335	180255	5
0.340	438630	6
0.345	280479	4
0.350	57374	2

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