Yeah very interesting. From what I can tell they are going to receive shares based on a price of 30c? But then they get a % extra on total spent (i.e. $5.3m worth for $5m). Does this mean they are effectively paying 28c a share?
If so, I think these are very good terms for the company given today's share price. Although a little sad that it's being done before a gerdau announcent is made, maybe indicating it's not happening any time soon...
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Last
4.3¢ |
Change
-0.003(6.52%) |
Mkt cap ! $28.56M |
Open | High | Low | Value | Volume |
4.5¢ | 4.5¢ | 4.3¢ | $13.11K | 292.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10798 | 4.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.7¢ | 236843 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10798 | 0.043 |
2 | 200000 | 0.040 |
1 | 30000 | 0.039 |
1 | 86000 | 0.036 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.047 | 236843 | 3 |
0.049 | 50000 | 1 |
0.050 | 433060 | 3 |
0.051 | 50000 | 1 |
0.053 | 289315 | 2 |
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