FNX 0.00% 30.0¢ finexia financial group limited

Ok, can someone check my math here.They are issuing shares at...

  1. 4,112 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
(20min delay)
Last
30.0¢
Change
0.000(0.00%)
Mkt cap ! $18.18M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 34381 29.0¢
 

Sellers (Offers)

Price($) Vol. No.
30.0¢ 35001 2
View Market Depth
Last trade - 16.12pm 12/09/2024 (20 minute delay) ?
FNX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.