Western Mines reports that Sanlam Private Wealth will be paid a fee of 6% on the amount raised, plus a management fee of $18,000 + GST. Subject to shareholder approval at an upcoming general meeting, Sanlam will also be issued 200,000 unlisted broker options with a $0.50 strike and expire on 13 April 2026.
SW earned at least $460k for their service and the SH's are then being asked to give them an additional 200k options at $0.50 strike price exp in 2026 - is this the norm in cap raising? Curious when SH's will be given equivalent opportunities in the same way.
- Forums
- ASX - By Stock
- WMG
- Ann: Capital Raise to Expand Mulga Tank Drilling
Ann: Capital Raise to Expand Mulga Tank Drilling, page-17
-
-
- There are more pages in this discussion • 28 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 WMG (ASX) to my watchlist
(20min delay)
|
|||||
Last
24.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $20.43M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 19000 | 24.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
25.5¢ | 17132 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 19000 | 0.240 |
1 | 23500 | 0.235 |
1 | 4326 | 0.230 |
3 | 10189 | 0.220 |
1 | 93023 | 0.215 |
Price($) | Vol. | No. |
---|---|---|
0.255 | 17132 | 1 |
0.260 | 25000 | 1 |
0.280 | 50000 | 1 |
0.285 | 50000 | 1 |
0.300 | 10367 | 1 |
Last trade - 16.12pm 04/10/2024 (20 minute delay) ? |
Featured News
WMG (ASX) Chart |
Day chart unavailable