I'm trying to work out what the 'pro-rata' entitlement is that they mention;
for example, a shareholder with 10 million shares applying for $16,000 worth of shares as opposed to a holder with only 100,000 shares applying for $16,000 worth of shares
I'm assuming with 1,958,229,849 (say 2 billion) shares on issue, there will be 500,000,000 new shares issued under retail SPP.
So i'm assuming for every 4 shares held by shareholders, you are guaranteed 1 share minimum in SPP, but not every shareholder would have taken up entitlement, and some are instos from their placement, so your minimum entitlement would go up on a pro-rata basis
I could be completely wrong here. please stand to correct me if i am, i guess we'll find out friday
- Forums
- ASX - By Stock
- ADX
- Ann: ADX Upsizes Strongly Oversubscribed Share Purchase Plan
Ann: ADX Upsizes Strongly Oversubscribed Share Purchase Plan, page-8
-
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ADX (ASX) to my watchlist
|
|||||
Last
10.0¢ |
Change
0.004(4.17%) |
Mkt cap ! $55.73M |
Open | High | Low | Value | Volume |
9.8¢ | 10.0¢ | 9.8¢ | $5.796K | 57.96K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 25000 | 9.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.5¢ | 320466 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 25000 | 0.099 |
1 | 67459 | 0.098 |
2 | 171037 | 0.096 |
6 | 440421 | 0.095 |
2 | 21138 | 0.094 |
Price($) | Vol. | No. |
---|---|---|
0.105 | 320466 | 6 |
0.110 | 383806 | 8 |
0.115 | 129700 | 3 |
0.120 | 53358 | 2 |
0.125 | 148151 | 3 |
Last trade - 15.51pm 03/09/2024 (20 minute delay) ? |
Featured News
ADX (ASX) Chart |