Here's how it works... e.g., for Smith entitlement 1,450,000 options
Based on weighted av SP 59.9 cps, then 1,450,000 shares = market value of $868,550
Entitlement was 1,450,000 options to convert @ 30 cents = $435,000
$868,550 (mkt value) less the $435,000 (payable upon exercise) = $433,550
So, $433,550 @ 59.9 cps = 723,706 shares =/- roundings.
Options exercised with absolutely no money paid into the company.
Sound fair???
Here's how it works... e.g., for Smith entitlement 1,450,000...
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Last
50.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $56.00M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 12171 | 50.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 54.5¢ | 954 | 1 |
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| Last trade - 16.12pm 29/04/2024 (20 minute delay) ? |
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