Hi Pagarsi
that's possible it could be an extra 10 mil shares but that depends on how much $1.625 mil buys in 18 months ,if for example share price is still 15c ,10 mil extra shares would not be allowed as it would take us over the 19.5% (see my post 7/5/20 ) that would give us an extra 10,833,000 shares for a total of 30,833,000 shares ,current share total on issue is approx. 122,000,000 ,but I do not expect KWR shares to be any where close to 0.15 c in 18 months time but it does say the lower ,we could be ok because would expect KWR share base to have increased substantially by then so % wise we could be ok
para from issued statement 18/9/19
A deferred payment no later than 18 months after settlement of: o A further $1.625M in cash; and o $1.625M in value of ordinary shares in Kingwest at a deemed issue price being the lower of $0.15 per share and the 30 day VWAP (subject to shareholder approval and Horizon not exceeding 19.9% ownership in Kingwest).
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Last
3.3¢ |
Change
0.001(3.13%) |
Mkt cap ! $36.91M |
Open | High | Low | Value | Volume |
3.4¢ | 3.4¢ | 3.2¢ | $78.2K | 2.376M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 9059 | 3.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.4¢ | 251115 | 1 |
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No. | Vol. | Price($) |
---|---|---|
1 | 9059 | 0.033 |
3 | 863226 | 0.032 |
6 | 536000 | 0.031 |
9 | 715716 | 0.030 |
2 | 68982 | 0.029 |
Price($) | Vol. | No. |
---|---|---|
0.034 | 251115 | 1 |
0.035 | 350000 | 2 |
0.036 | 356750 | 1 |
0.037 | 81483 | 2 |
0.038 | 351515 | 2 |
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