Lets say you dont hold PLP but are considering buying, you need to take the following into consideration:
for every 5 shares you buy on market, you will soon (assuming deal completions) have the ability to add another 3 shares for 1c each
As an example is you bought 500,000 shares at 1.4 c today - cost $7000
And took up the rights issue of 300,000 shares at 1c - cost $3000
You would end up with 800,000 shares costing you $10,000 or 1.25c per share
Fantastic deal imo
Ann: Platypus to Acquire Lithium Company Lepidico, page-120
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $17.17M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $73 | 36.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 20533755 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 56344744 | 59 |
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| Last trade - 10.04am 30/08/2024 (20 minute delay) ? |
| LPD (ASX) Chart |