Based on the information provided in the announcement, there will not be an immediate dilution of shares. The capital raising is being conducted through a pre-payment of a royalty interest, not through the issuance of new shares.However, Foster Stockbroking Pty Ltd (FSB) will be issued 1,000,000 unquoted options with an exercise price of $0.25, expiring two years from the date of issue. These options give FSB the right, but not the obligation, to purchase shares at a future date at a set price. If FSB chooses to exercise these options, that could lead to dilution of existing shares, but this would not occur immediately, and only if the options are exercised.So, in the immediate term, there should not be any dilution of shares based on this announcement. But potential dilution could occur in the future if the options are exercised.
- Forums
- ASX - By Stock
- Ann: Pre-Paid Royalty Mandate
Based on the information provided in the announcement, there...
- There are more pages in this discussion • 38 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 HVY (ASX) to my watchlist
(20min delay)
|
|||||
Last
6.8¢ |
Change
0.006(9.68%) |
Mkt cap ! $4.282M |
Open | High | Low | Value | Volume |
6.8¢ | 6.8¢ | 6.8¢ | $3.447K | 50.68K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 15150 | 6.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.8¢ | 11000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 15150 | 0.065 |
1 | 100000 | 0.063 |
1 | 29424 | 0.062 |
1 | 50000 | 0.057 |
1 | 175000 | 0.056 |
Price($) | Vol. | No. |
---|---|---|
0.068 | 11000 | 1 |
0.080 | 24000 | 1 |
0.089 | 28477 | 1 |
0.105 | 100000 | 1 |
0.115 | 8516 | 1 |
Last trade - 12.58pm 07/05/2024 (20 minute delay) ? |
Featured News
HVY (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
Previous Video
Next Video
SPONSORED BY The Market Online