BPH 5.56% 1.9¢ bph energy ltd

22.5c?, page-2

  1. 1,214 Posts.
    hi sydney,
    i'm really trying to understand all this and having trouble. How do you come up with 22.5c? I would have thought that 80% of VWAP over last 5 days would be less than 20c . Therefore 20c would be price. What have i got wrong?

    thanks heaps.
 
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