My impression is the 14 cents is just an example.
From ANN:
The Shares under the Plan will be issued at a 15% discount to the volume-weighted average market price (VWAP) for the Shares of WKT calculated over the last 5 days on which sales in the Shares were recorded before the Issue Date -
Assuming the Issue Date is 2nd November then we do not know the 5 day VWAP is yet.
Ann: Share Purchase Plan Offer Document, page-9
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10.0¢ |
Change
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Mkt cap ! $67.12M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.0¢ | 10.0¢ | $29.78K | 297.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 220113 | 3 |
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