"This is a tricky way to inhibit the age old method that some shareholders use to fund their Entitlement Offer"
Yes, I agree. It would have been much better though IMO (more of an incentive to take up the entitlement) if options were included in the SPP at a 1:2 ratio to shares purchased.
"What is not entirely clear to me is will the 22.5M-ish New shares as part FAR payment also be entitled to a further 1:8 Options (circa 2.8M)"
Yes they will be. However, as the record date for the 1:4 entitlement is 29 Mar, and the completion of the Fab purchase was announced on 4 Apr, it would not seem that they are eligible to participate in the SPP (their eligibility may have been part of the deal, but I haven't seen anything to that affect).
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Last
0.9¢ |
Change
-0.001(10.0%) |
Mkt cap ! $23.18M |
Open | High | Low | Value | Volume |
1.0¢ | 1.1¢ | 0.9¢ | $17.09K | 1.763M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 4501513 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 2262692 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 3945513 | 0.009 |
28 | 8795503 | 0.008 |
12 | 2597044 | 0.007 |
2 | 933500 | 0.006 |
6 | 2340000 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 8206248 | 11 |
0.012 | 7114786 | 6 |
0.013 | 1157763 | 3 |
0.014 | 820095 | 4 |
0.015 | 1668000 | 3 |
Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
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