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5.88%

1.6¢ spectur limited

Ann: Entitlement Offer to Fund Growth, page-9

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3,611 Posts.

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30/04/24

10:14

Post #: 73576186
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Originally posted by Kirpa: ↑

The entitlement offer at 2c with a 1 for 1 free option attached equates to a net raising price of 1.5c. A Black Scholes calculation on the option value equates to 0.005c assuming an annual risk free interest rate of 4% and annualised volatility of 80%.
2c less option value of 0.005c = 1.5c.

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And then they're going to use that cash to buyback shares at market (currently above 2c) for small parcels.

That seems rock solid...

SP3 Price at posting: 2.0¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 1.6¢		Change -0.001(5.88%)		Mkt cap ! $4.651M

Open	High	Low	Value	Volume
1.6¢	1.6¢	1.6¢	$6.16K	385K

Buyers (Bids)

No.	Vol.	Price($)
3	961903	1.6¢

Sellers (Offers)

Price($)	Vol.	No.
1.8¢	115591	1

View Market Depth

No.	Vol.	Price($)
3	961903	0.016
3	1040000	0.015
1	20000	0.013
1	80000	0.012
3	206000	0.010

Price($)	Vol.	No.
0.018	115591	1
0.020	95153	3
0.021	203398	1
0.022	109551	1
0.023	700000	1

Last trade - 16.10pm 14/10/2024 (20 minute delay)

SP3 (ASX) Chart

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