ASM 18.9% 63.0¢ australian strategic materials limited

Ann: Entitlement Offer open, page-11

  1. 1,173 Posts.
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    "The Offer Price represents a discount of:
    • 19.4% to the Company’s last closing price of A$1.44 on 12 April 2024; and
    • 18.7% to the 10-day volume weighted average price of A$1.427 to close of trade on 12 April 2024."
    So for my 13000 shares i am offered 325 shares for a consideration of 377 dollars. In return management have devalued my share holding value from $1.44 to $1.01 for an unrealized capital loss of $5,590. WoW thanx guys - what a gift....
 
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