The share price is already at 22 cents, so yes, issue price is at a discount.
Along the lines of your thoughts, my question and concern are the price of issued shares for the conditional funding. It appears to me that if more than $50M is needed, then further shares (i.e., more than 51%) could be issued at the share price of approx 20 cents (15 cents plus 35% premium ).
Ann: Havilah Secures Funding of up to $100M from GFG Alliance, page-10
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Last
18.5¢ |
Change
0.005(2.78%) |
Mkt cap ! $58.57M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 18.5¢ | 18.0¢ | $5.412K | 30.05K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 27665 | 18.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.5¢ | 10887 | 1 |
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| Last trade - 15.04pm 17/09/2024 (20 minute delay) ? |
| HAV (ASX) Chart |