Thanks that helps.
So it's an iterative process in a way? They will currently assume that every single shareholder will buy their maximum - giving the ~1:12 ratio
When it comes to the raise, let's say half the shareholders contribute their maximum and the other half do not buy at all - so that will be $7.5m raised
Then in that case, shareholders can apply to buy more if they wish? And it might then turn into a similar arrangement to SPP? And scaled back if they surpass the 15m?
I guess there's no point me getting my head around it now until all the conditions and how its going to work gets released
Thanks that helps.So it's an iterative process in a way? They...
Add IVZ (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
7.0¢ |
Change
0.002(2.94%) |
Mkt cap ! $99.25M | |||
| Open | High | Low | Value | Volume |
| 6.9¢ | 7.0¢ | 6.8¢ | $104.1K | 1.514M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 191400 | 6.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.0¢ | 426161 | 6 |
View Market Depth
| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
|
|||||
|
Last
6.9¢ |
Change
0.002 ( 1.47 %) |
||||
| Open | High | Low | Volume | ||
| 6.8¢ | 7.0¢ | 6.8¢ | 458792 | ||
| Last updated 15.46pm 10/05/2024 ? | |||||
| IVZ (ASX) Chart |