It might be dillutive if the share price gets a fair bit higher than 10c at the time the options expire. If its only a bit above 10c, then the takeup of the options is going to raise 10c per option that is exercised, which will add a useful amount of equity to the comany at the time around when the mine is being commissioned. That could be a good thing, depending on the circumstances at the time.
Ann: Close of Entitlement Offer and Notice of Shortfall, page-16
-
- There are more pages in this discussion • 22 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add AAU (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.3¢ |
Change
-0.001(25.0%) |
Mkt cap ! $2.99M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.3¢ | $1.885K | 476.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 37 | 42556871 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 8435589 | 11 |
View Market Depth
| Last trade - 10.00am 24/06/2024 (20 minute delay) ? |
| AAU (ASX) Chart |