I wonder how this plays out to LEL's sp, as if it were to play out like @dl16 is asking, there usually is a rush to get in at last minute for some free spin-off shares, if LEL/NVX investors have to pay which sounds like what is happening, then I don't think that rush happens, even though they get priority.
However 35m-45m mc (depending on how many subscribe) for Axon sounds much better than what the graphite assets are currently being valued at here.
Ann: Merger & IPO Spin-Out of LEL and NVX Natural Graphite Assets, page-46
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Last
40.5¢ |
Change
0.015(3.85%) |
Mkt cap ! $45.36M | |||
| Open | High | Low | Value | Volume |
| 40.5¢ | 40.5¢ | 40.5¢ | $3.142K | 7.757K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 21300 | 40.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 41.5¢ | 1700 | 1 |
View Market Depth
| Last trade - 12.18pm 13/06/2024 (20 minute delay) ? |
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Last
41.5¢ |
Change
0.015 ( 3.75 %) |
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| Open | High | Low | Volume | ||
| 41.5¢ | 41.5¢ | 41.5¢ | 1210 | ||
| Last updated 14.57pm 13/06/2024 ? | |||||
| LEL (ASX) Chart |