I look forward to clarification from the company. From where I sit that $5M is just for the initial shares... so that your 28.5c, and the additional $3M is for additional shares they can get for either 30c (no discount given) or above/below amounts given.
as the announcement stated, first two pars:
First Graphene Ltd (ASX:FGR) (First Graphene or the Company) is pleased to
announce that it has entered into a Share Placement Agreement (the Agreement)
with the institutional investor Specialty Materials Investments, LLC (the Investor).
The Agreement secures a funding of $8,000,000 for the Company, as set out
below.
The placement will be made by way of the Investor prepaying a lump sum of
$5,000,000 for $5,300,000 worth of the Company’s ordinary shares (Placement
Shares). Additionally, the Company will have the option (but no obligation) to
require the Investor to subscribe for an additional $3,180,000 worth of Placement
Shares on payment of $3,000,000 in subscription proceeds.
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I look forward to clarification from the company. From where I...
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Last
5.6¢ |
Change
-0.005(8.20%) |
Mkt cap ! $36.91M |
Open | High | Low | Value | Volume |
6.1¢ | 6.1¢ | 5.6¢ | $8.955K | 153.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 84999 | 5.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.9¢ | 78451 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 35000 | 0.056 |
4 | 54000 | 0.055 |
1 | 123000 | 0.054 |
2 | 100300 | 0.053 |
2 | 32000 | 0.052 |
Price($) | Vol. | No. |
---|---|---|
0.059 | 78451 | 1 |
0.061 | 36171 | 1 |
0.062 | 157512 | 2 |
0.063 | 4080 | 1 |
0.064 | 323041 | 2 |
Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
5.9¢ |
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Change
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Open | High | Low | Volume | ||
6.0¢ | 6.0¢ | 5.7¢ | 93280 | ||
Last updated 15.53pm 03/05/2024 ? |
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