For 708s to free carry, the 1st tranch their 100% sell would need to be at $0.03 ie:[ 2.5 +( (3.5-2.5)/2)]
After that point, they will hold 1/2 as much as many rights..
But wait! There is more - the bonus round.
708's free carry by way of sale the sale of thier converted 1st Oppies to fund 2nd (bonus) tranch would need $0.05. But what's the point of that? It's selling at $0.05 to buy at $0.05..... So the SP needs to be well North of that.
Now that's in the rawest analysis as those figures do not take taxs ie. CGT @ margins or pro trading rates. So it is valid to assume a high viable SP to cover any tax commitments.
Under the placement terms, SP suppression won't be as significant as the usual CR 1:1 Oppie dump.
Off the cuff thinks in inks, I just blurted numbers, so a figures guy might want to fact check.
- Forums
- ASX - By Stock
- Ann: Operational Update - Clean Energy Technology
For 708s to free carry, the 1st tranch their 100% sell would...
-
- There are more pages in this discussion • 136 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ADO (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $51.83M |
Open | High | Low | Value | Volume |
2.2¢ | 2.2¢ | 2.1¢ | $66.43K | 3.145M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
18 | 2400502 | 2.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.1¢ | 276243 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
18 | 2400502 | 0.020 |
9 | 1616003 | 0.019 |
3 | 1046000 | 0.018 |
2 | 134748 | 0.017 |
1 | 32000 | 0.016 |
Price($) | Vol. | No. |
---|---|---|
0.021 | 276243 | 2 |
0.022 | 270559 | 3 |
0.023 | 584261 | 5 |
0.024 | 2062313 | 9 |
0.025 | 2573156 | 10 |
Last trade - 16.10pm 17/06/2024 (20 minute delay) ? |
|
|||||
Last
2.1¢ |
  |
Change
0.000 ( 0.00 %) |
|||
Open | High | Low | Volume | ||
2.1¢ | 2.1¢ | 2.0¢ | 1275949 | ||
Last updated 15.25pm 17/06/2024 ? |
Featured News
ADO (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non Executive Director
Simon Kidston
Non Executive Director
SPONSORED BY The Market Online