Australia's largest stock trading and investment forum Australia's #1 stock forum

HCT

Click for more information

0.00%

2.4¢ holista colltech limited

The shares from the 20th ANN were never issued read the below...

First 140 Last

Share
Profile

Follow
Ghp1

430 Posts.

100

25/04/20

14:41

Post #: 44252008
Share

Originally posted by Seb93 ↑

Collateral shares by definition are the number of units of the underlying equity pledged to the lender (Acuity) and credited to the collateral accounts to secure the obligations.

The statement you highlighted in bold is saying Acuity no longer has to return the 12,000,000 shares.

Why doesn't it have to return the 12m shares?? because in the statement above the bold that you quoted states that it has raised $2,200,000.

Now do 12,000,000 x 0.1833 what does that equal ? $2.2m.

Meaning Acuity have kept the collateral shares, paid 18.33c for them and now the CPA is terminated.

These shares were in a collateral account and already issued, NOT new shares. Like I said before. You can't know that their holding is now 0 without a top 20.

Anyway I'm over this conversation lol enjoy your weekend.

Expand

The shares from the 20^th ANN were never issued read the below extract slowly.

And therefore the total issued remains the same as before the 20^th therefore they were never issued afterwards.

Not investment advice, do your own research, and consult a licensed adviser

HCT Price at posting: 18.5¢ Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

RCE

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

CC9

Chariot Corp unveils plans for Black Mountain "pilot mine" in Wyoming, US; shares jump +20%

FFM

Firefly positioned for copper growth in Canada ahead of resource update

There are more pages in this discussion • 1 more message in this thread...

First 140 Last

Add HCT (ASX) to my watchlist

(20min delay)
Last 2.4¢		Change 0.000(0.00%)		Mkt cap ! $6.691M

Open	High	Low	Value	Volume
2.4¢	2.4¢	2.4¢	$1	52

Buyers (Bids)

No.	Vol.	Price($)
1	847	2.4¢

Sellers (Offers)

Price($)	Vol.	No.
2.7¢	80000	1

View Market Depth

No.	Vol.	Price($)
1	847	0.024
1	300000	0.020
1	30000	0.019
1	508000	0.008
1	100000	0.006

Price($)	Vol.	No.
0.027	80000	1
0.028	49999	1
0.029	78000	2
0.030	12000	1
0.031	100000	1

Last trade - 14.44pm 03/10/2024 (20 minute delay)

HCT (ASX) Chart