It was split into two but was not applied to the total figure in both circumstances.
2% management fee on $20,000,000 ($400,000)
3.5% distribution fee on $11,700,000 ($409,500)
I just took the 810k and applied it to the 20 mil to get the 4%.
As to the free options : "The Joint Lead Managers are to be issued with broker options to be issued on a 1 broker option for every four (4) New Shares issued under the Placement. The broker options will be issued for nil consideration with an exercise price of $0.28 and exercisable at any time over a three (3) year period from the date of issue. The issue of broker options is subject to shareholder approval."
It was split into two but was not applied to the total figure in...
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Last
3.6¢ |
Change
0.001(1.43%) |
Mkt cap ! $100.8M | |||
| Open | High | Low | Value | Volume |
| 3.6¢ | 3.7¢ | 3.6¢ | $113.1K | 3.147M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 2011908 | 3.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.6¢ | 100000 | 1 |
View Market Depth
| Last trade - 15.25pm 30/07/2025 (20 minute delay) ? |
| EQR (ASX) Chart |