FNX 0.00% 30.0¢ finexia financial group limited

Ann: Application for quotation of securities - FNX, page-2

  1. 4,115 Posts.
    lightbulb Created with Sketch. 99
    Ok, can someone check my math here.

    They are issuing shares at 0.31c/share under the divi reinvestment scheme.

    total shares issued under the scheme is 6,775,569. That equates to $2,100,426 worth of shares.

    At 0.02c a share with 46,975,578 shares on the register, they only paid out $959,511 in dividends.

    How can they issue $2,100,426 worth of shares?
    Last edited by BRIAN70: 18/10/23
 
watchlist Created with Sketch. Add FNX (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.