Company: Vintage Energy Limited
Code: VENDeal Summary:
Offer Price:
A$0.01 per New Share
Discount:
- Last price (25 March 2024) A$0.0160 37.5% discount
- 5 day VWAP A$0.0148 32.5% discount
- 10 day VWAP A$0.0154 34.9% discount
- 15 day VWAP A$0.0167 40.3% discount
- TERP A$0.0131 23.8% discount
Offer Details:
Offer to raise approximately A$8.0 million, through the issue of ~800.0 million new ordinary shares (“New Shares”) (representing ~92.0% of VEN’s currently issued capital), comprising:
- Placement to raise approximately A$1.3 million through the issue of ~130.5 million New Shares (representing ~15.0% of VEN’s currently issued capital) (“Institutional Placement”);
- An Accelerated Non-Renounceable Entitlement Offer to raise a minimum A$6.7 million (an issue of 1 New Share for every 1.3 existing shares) through the issue of ~669.5 million New Shares (representing ~77.0% of VEN’s currently issued capital);
- An Accelerated Institutional Entitlement Offer (“Institutional Entitlement Offer”) including a bookbuild offering of shares equal in number to those not taken up by eligible institutional securityholders under the Institutional Entitlement Offer and the entitlements of ineligible securityholders
- A retail entitlement offer (“Retail Entitlement Offer”)
- The Offer is intended to be fully underwritten
Use of Proceeds:
- Drilling at Odin-2 and Odin-3
- Perforate and complete one well
- Offer costs and working capital
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Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $16.69M |
Open | High | Low | Value | Volume |
1.0¢ | 1.0¢ | 0.9¢ | $1.629K | 170.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
14 | 7357900 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 5549690 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
14 | 7357900 | 0.009 |
12 | 2290624 | 0.008 |
3 | 735000 | 0.007 |
3 | 835000 | 0.006 |
3 | 2296009 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 5549690 | 11 |
0.011 | 6328064 | 8 |
0.012 | 4054566 | 9 |
0.013 | 2347140 | 4 |
0.014 | 1889319 | 1 |
Last trade - 16.10pm 20/06/2024 (20 minute delay) ? |
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