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10.5¢ neometals ltd

That's right. Do you have an idea of what would happen if the...

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Dimitri59

231 Posts.

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18/08/21

21:25

Post #: 55397706
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Originally posted by Dimitri59: ↑

Yeah I thought you could buy an extra share of widgy for every 0.9 shares of NMT not acquired widgie. But I'll need to double check. The prospectus will give all the necessary infos I'm sure.

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Originally posted by waynefb: ↑

Why don't you read the prospectus. It's in there. You don't need to spend anything on the demerger. You will get, gratis, 1 widgie share for every 4.218 NMT shares you own.
And once that's done you will then have the opportunity to participate in a non-renounceable pro rata entitlement offer of Widgie Nickel Shares at an issue price of $0.20 on the basis of 1 new Widgie Nickel Share for every 0.923 Widgie Nickel Share held.
I'll do the maths for you - say you have 10,000 NMT. You will get 2370 Widgie shares for free.
You can then apply for 2568 Widgie shares in the entitlement offer at $0.20 per share.

I don't know why I'm doing this. The more people don't understand the better for those that do!!

DYOR never applies as much as it does in this example.

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That's right. Do you have an idea of what would happen if the register requires a minimum of 2000$ but my entitlement shares don't reach that value ?

NMT Price at posting: 80.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 10.5¢		Change 0.005(5.00%)		Mkt cap ! $65.39M

Open	High	Low	Value	Volume
10.5¢	11.0¢	10.0¢	$71.06K	664.4K

Buyers (Bids)

No.	Vol.	Price($)
2	74522	10.5¢

Sellers (Offers)

Price($)	Vol.	No.
11.0¢	220561	3

View Market Depth

No.	Vol.	Price($)
2	74522	0.105
14	785993	0.100
4	55069	0.099
4	75316	0.098
2	5179	0.097

Price($)	Vol.	No.
0.110	220561	3
0.115	11111	2
0.120	380809	8
0.125	18634	5
0.130	57875	3

Last trade - 16.10pm 01/05/2024 (20 minute delay)


Last 10.8¢			Change 0.005 ( 2.97 %)
Open	High		Low	Volume
10.0¢	11.0¢		10.0¢	662860
Last updated 15.59pm 01/05/2024 ?

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