Yeah very interesting. From what I can tell they are going to receive shares based on a price of 30c? But then they get a % extra on total spent (i.e. $5.3m worth for $5m). Does this mean they are effectively paying 28c a share?
If so, I think these are very good terms for the company given today's share price. Although a little sad that it's being done before a gerdau announcent is made, maybe indicating it's not happening any time soon...
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Last
5.4¢ |
Change
-0.001(1.82%) |
Mkt cap ! $35.6M |
Open | High | Low | Value | Volume |
5.4¢ | 5.5¢ | 5.1¢ | $14.32K | 278.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 84908 | 5.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.5¢ | 105958 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 84908 | 0.051 |
8 | 385286 | 0.050 |
1 | 10000 | 0.049 |
2 | 63000 | 0.048 |
1 | 21250 | 0.047 |
Price($) | Vol. | No. |
---|---|---|
0.055 | 105958 | 2 |
0.056 | 214352 | 3 |
0.057 | 129000 | 1 |
0.058 | 25000 | 1 |
0.059 | 436509 | 1 |
Last trade - 15.45pm 26/06/2024 (20 minute delay) ? |
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