NRX 0.00% 1.2¢ noronex limited

This will slightly contradict my previous post regarding vwap...

  1. 218 Posts.
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    This will slightly contradict my previous post regarding vwap and discounted price.

    ASX Listing Rules require that entitlement issue price is not more than the vwap calculated over the 5 days before the day the offer is announced.

    19th June - Trading Halt
    16th June - vwap 2.1494c
    15th June - vwap 1.7847c
    14th June - vwap 1.6074c
    13th June - vwap 1.6c
    12th June - vwap 0.00c (no volume)
    Average 5day vwap = 1.4283c

    Placement / Entitlement Offer at a 2% discount
    Last edited by monquay: 21/06/23
 
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