INR

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23.5¢ ioneer ltd

Ann: Trading Halt, page-25

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Valknut2020

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03/03/21

19:55

Post #: 51495896
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Originally posted by Proga: ↑

For those who don't know, the procedure is this
1/ Usually before the market opens tomorrow, they will announce a few legal documents containing information. The first is the details of the Capital Raise which will include the CR price, how much, what the money will be used for and whether it will be for Institutional holders only or retail investors as well. From vast experience, I'm 99% certain it will include a Share Purchase Plan (SPP) for retail investors. The SPP can be in 1 of 2 forms. A 1 for 10 (example only it might be 12 etc) in which you can buy 1 share for every 10 you own at the stipulated price. The 2nd form is where eligible shareholders are invited to apply for varying amounts in cash ie $2k, $5k, $10k etc. At the bottom of the document will be the time table for the CR.

2/ The 2nd announcement will be a company presentation much like any other outlining what INR has been doing and some forward looking statements. Now this is important. INR is not allowed to announce any new information not in the company presentation until the CR has closed. Usually around 20 days or only a couple if Insto only. They can't announce being granted a mining permit, off-take agreement etc etc

3/ A SPP booklet with all the details on how to participate and when by. Usually in a day or 2.

10 minutes after 1 and 2 above has been released, the stock will re-open on the ASX

Usually the instos are a done deal so they may release the Proposed issue of Securities letting us know what the deal is. This will need to be voted on by shareholders so they will announce the date of the general meeting to do so.

Please remember in which document (the first) the timetable is. You'll probably need to look at it a couple of times to refresh your memory. I know I have to.

Expand

Thanks for taking the time to explain if there is anyone here that hasn’t participated in SPP before.

I personally think this is a great opportunity to top up.

Post CR we will see off-take announcements to let this baby fly.

INR Price at posting: 44.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 23.5¢		Change 0.010(4.44%)		Mkt cap ! $549.4M

Open	High	Low	Value	Volume
22.0¢	24.0¢	21.5¢	$1.140M	4.987M

Buyers (Bids)

No.	Vol.	Price($)
8	314221	23.0¢

Sellers (Offers)

Price($)	Vol.	No.
24.0¢	1235557	21

View Market Depth

No.	Vol.	Price($)
7	214221	0.230
4	371300	0.225
2	581454	0.220
10	567583	0.210
9	421257	0.205

Price($)	Vol.	No.
0.240	1228887	19
0.245	334263	11
0.250	610666	19
0.255	42021	2
0.260	387209	10

Last trade - 16.10pm 11/10/2024 (20 minute delay)

INR (ASX) Chart

Ann: Trading Halt, page-25

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Ann: Trading Halt, page-25

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