Yes, as the price on 'buy back' goes up the companies 'trade' becomes worse and the shareholders benefit of 'less dilution' decreases. But no, RT's nett benefit remains constant and is dependent only on the conversion share price. Regardless of the number of share he receives his nett benefit is a constant at any given conversion price, because of the equivalent proportionality beween number of shares received and conversion price.
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NEU
neuren pharmaceuticals limited
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$12.95

Ann: Notice of Annual General Meeting/Proxy Form, page-71
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Last
$12.95 |
Change
-0.010(0.08%) |
Mkt cap ! $1.609B |
Open | High | Low | Value | Volume |
$12.82 | $13.05 | $12.70 | $2.466M | 191.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 123 | $12.95 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$12.96 | 70 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 130 | 12.940 |
7 | 930 | 12.930 |
8 | 757 | 12.920 |
7 | 1543 | 12.910 |
11 | 1543 | 12.900 |
Price($) | Vol. | No. |
---|---|---|
12.960 | 432 | 7 |
12.970 | 2844 | 11 |
12.980 | 1530 | 12 |
12.990 | 1957 | 8 |
13.000 | 1699 | 8 |
Last trade - 13.36pm 17/06/2025 (20 minute delay) ? |
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RC1
REDCASTLE RESOURCES LIMITED
Ronald Miller, Non-Executive Director
Ronald Miller
Non-Executive Director
SPONSORED BY The Market Online