If you buy 1 mil share of MCT at .011 this will cost $11,000
If you buy $11,000 worth of NME at say .045 this will get you 244,444 share then after conversion of 4.81 MCT share for every 1 NME shares you end up with 1,175,777 shares of MCT. So an extra 175,777 for free.
So at this stage why would you wait in a que for MCT when you can just buy the NME now cheaper?
Ann: Metalicity Proposal to Nex Metals Shareholders, page-13
Add ARI (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
2.8¢ |
Change
-0.002(6.67%) |
Mkt cap ! $17.32M | |||
| Open | High | Low | Value | Volume |
| 2.9¢ | 2.9¢ | 2.6¢ | $35.74K | 1.332M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 125000 | 2.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.8¢ | 129619 | 1 |
View Market Depth
| Last trade - 16.10pm 31/10/2024 (20 minute delay) ? |
| ARI (ASX) Chart |