it’s 1 new share for every 7 held. Plus 1 option for every 2 new shares with an exercise price of 48 cents.
effectively if you hold 70,000 shares, you can buy 10,000 at 24 cents plus receive 5,000 options exercisable at 48 cents.
hope that helps.
$36.8m raise, page-92
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7.8¢ |
Change
-0.002(2.50%) |
Mkt cap ! $70.32M | |||
| Open | High | Low | Value | Volume |
| 7.6¢ | 7.8¢ | 7.5¢ | $32.58K | 429.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 253224 | 7.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.0¢ | 253231 | 2 |
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