Well it all depends on how MAK handle a scaleback when the SPP is oversubscribed. The full details will be set out in the offer letter to be sent to eligible SH after record date.
The HZN offer letter stated that "Horizon Oil may, in its absolute discretion, undertake a Scaleback to the extent and in the manner it sees fit. Preference will be given to those Eligible Shareholders who were shareholders immediately prior to the announcement of the SPP...."
However, unlike HZN, MAK (as mentioned previously)stated in the SPP announcement "Each offer to eligible shareholders will be made on the same terms and conditions". I take it by this statement that new and old shareholders at record date will be treated alike and therefore I believe a scaleback will be done on a % basis for all applicants. Hope I,m wrong tho.
Nick D
- Forums
- ASX - By Stock
- AEV
- email to management
email to management, page-33
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AEV (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.1¢ |
Change
0.001(10.0%) |
Mkt cap ! $29.74M |
Open | High | Low | Value | Volume |
1.1¢ | 1.1¢ | 1.1¢ | $2.035K | 185K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 5100667 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 1375891 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 5100667 | 0.010 |
6 | 2526000 | 0.009 |
5 | 1504999 | 0.008 |
2 | 800000 | 0.007 |
5 | 10755000 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 1375891 | 3 |
0.012 | 2047093 | 7 |
0.013 | 1229066 | 6 |
0.014 | 1239999 | 2 |
0.015 | 2790146 | 6 |
Last trade - 11.09am 09/10/2024 (20 minute delay) ? |
Featured News
AEV (ASX) Chart |
The Watchlist
AHK
ARK MINES LIMITED
Ben Emery, Executive Director
Ben Emery
Executive Director
SPONSORED BY The Market Online