Hi All and I think you are making it more complex than it is. It is very simple.
If you buy the entitlement rights on market now that is giving you the option/right to purchase whatever entitlement you buy in the CR at 5.5c a share. With the uptake of that entitlement, you will also get the 2 options for each 3 shares bought as part of the entitlement. You can of course also bid for any number of additional shares (with the same free options attached as per entitlement deal) from any shortfall shares.
Ann: Commencement of Rights Trading, page-30
-
- There are more pages in this discussion • 99 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ICG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.242M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1084958 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 2645385 | 6 |
View Market Depth
| Last trade - 10.04am 20/08/2024 (20 minute delay) ? |
| ICG (ASX) Chart |
Day chart unavailable