they get the shares for 5.5c....unless GMN's share price stays under 5.5c 6months from now. In which case they get bonus shares to bring their effective price back to whatever the VWAP will be in 6months.
not bad. both the company and the investor taking a bit of a risk
Ann: A$2million Funding to Advance Flagship Wabag Project, page-5
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Last
0.3¢ |
Change
0.001(20.0%) |
Mkt cap ! $9.533M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.2¢ | $16.53K | 6.596M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 34 | 41888018 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 11342534 | 6 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| GMN (ASX) Chart |