I haven't seen anybody doing the maths on this yet.
CR on this SPP totals $4,000,000
No of shareholders at last Annual report is 9370
$ limit per shareholder is $15,000.
Offer price is $0.13
Lets say 1/3rd of shareholders apply for max allowance. That's 3123 applicants
$4M/3123 = $1281 allocation each @ $0.13 gives you an extra 9852 shares
So to participate, i need to fill out all the paperwork, hand over $15k for a few weeks hoping that everybody else doesn't have the motivation to apply, or i could sit in the bid queue like i am now and hope i can pick a few up close to the SPP price to cover my recent 12% dilution.
Please check my maths.
- Forums
- ASX - By Stock
- Ann: Dorado-1 Well Update
I haven't seen anybody doing the maths on this yet. CR on this...
-
-
- There are more pages in this discussion • 61 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CVN (ASX) to my watchlist
(20min delay)
|
|||||
Last
16.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $295.1M |
Open | High | Low | Value | Volume |
16.5¢ | 17.0¢ | 16.0¢ | $636.5K | 3.866M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 624083 | 16.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.0¢ | 745415 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 556807 | 0.165 |
8 | 348052 | 0.155 |
12 | 1672628 | 0.150 |
23 | 939657 | 0.145 |
12 | 482777 | 0.140 |
Price($) | Vol. | No. |
---|---|---|
0.170 | 739165 | 11 |
0.175 | 545181 | 9 |
0.180 | 753475 | 10 |
0.185 | 124457 | 6 |
0.190 | 803888 | 3 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
Featured News
CVN (ASX) Chart |