does it? isn't underwriting the whole point is its a "given" exotix have basically said we will buy at 2c no matter what so if sp goes to 1c exotix will pick up at 2c aka they are underwriting it / guarantee... essentially they will buy only if below 2c - otherwise SH will convert if its over - so now we have guaranteed options conversion +4.7 million
or am i incorrect?
- Forums
- ASX - By Stock
- VRC
- Ann: Volt Secures $4.7M Option Underwriting Agreement
Ann: Volt Secures $4.7M Option Underwriting Agreement, page-31
-
- There are more pages in this discussion • 29 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add VRC (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $16.63M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.4¢ | $1K | 250K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
39 | 38582881 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 5589474 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
39 | 38582881 | 0.003 |
16 | 21051715 | 0.002 |
9 | 17667001 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 5589474 | 2 |
0.005 | 23888448 | 20 |
0.006 | 9198502 | 16 |
0.007 | 11063001 | 6 |
0.008 | 4989155 | 7 |
Last trade - 14.09pm 27/09/2024 (20 minute delay) ? |
Featured News
VRC (ASX) Chart |