I really doubt it would be a 50/50 split. I would guess more like 80/20 or 90/10, so if you had shares worth $10 now, you would receive Sunrise shares worth $8 and Water shares worth $2. If you sold your water shares and put that money into Sunrise shares, your equity in the Sunrise mine would be greater than it is presently. Does that make sense?
Ann: Corporate Restructure Review, page-96
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Last
48.5¢ |
Change
0.025(5.43%) |
Mkt cap ! $43.76M | |||
| Open | High | Low | Value | Volume |
| 48.0¢ | 50.0¢ | 48.0¢ | $4.086K | 8.397K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 450 | 45.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.0¢ | 3486 | 2 |
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| Last trade - 10.23am 02/09/2024 (20 minute delay) ? |
| SRL (ASX) Chart |