ASM 4.76% 55.0¢ australian strategic materials limited

Ann: Trading Halt, page-15

  1. 4,584 Posts.
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    5 day VWAP = $5.36
    10 day VWAP = $5.47

    With the S&P rebalance effective on Monday of this week, the timing of this CR may not be co-incidental?

    Under the listing rules i think the maximum discount is 20% so on 5.36 i calculate a discount of $1.07 or an issue price of $4.29. I sincerely hope that is not the case and that retail investors get a chance to participate.

    Perdy
 
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