Yes, unlikely Sonic would exercise options but they did pay 23 cents which was a premium to the market at that time.
Pretty sure it is Sonic who is driving this acquisition.
Ann: Fully Underwritten A$20 million Entitlement Offer, page-5
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17.0¢ |
Change
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Mkt cap ! $76.13M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 17.0¢ | 17.0¢ | $16.45K | 96.78K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 60000 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 18052 | 1 |
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| MAP (ASX) Chart |