HAV 11.6% 19.0¢ havilah resources limited

Ann: Trading Halt, page-25

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  1. J L
    1,857 Posts.
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    Share price prediction - I cannot give a definitive figure, but I have done a few calculations and arrived at the following;

    1 month VWRP = $0.193 (calculated by me - not definitive)

    Last CR - 22 Oct 2019

    "Each eligible shareholder registered on the Company’s register of members at 7.00 pm (Adelaide time) on 22 October 2019 (Record Date) will be entitled to subscribe for 1 new fully paid ordinary share in the Company for every 4 ordinary shares held as at the Record Date at a price of $0.10 per new share. The issue price of the new shares under the offer represents a discount of 19% to the volume weighted average price of the company’s shares during the 30 trading day period up to and including 16 October 2019."

    If they are true to form, Issue Price could be approximately ($0.193 - $0.037) = $0.156.

    choochx01, I think you could be close to the mark. God I love this stock.

    Based on this I have been real cheeky and put in a bid for 150,000 @ $0.15. In for a penny in for a pound. GLTA. J L.

 
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