Very clever move by the company.
Launch an entitlement offer at a very low (1/10th of a cent) price and at a very generous strike price (3.5c) which will entice holders to exercise their options early and therefore provide plenty of working capital.
Looks like NVA is about to write a decent sized cheque!
Ann: Proposed issue of securities - TNR, page-3
-
- There are more pages in this discussion • 177 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ASR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.38M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.6¢ | 0.6¢ | $1.029K | 183.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 7319400 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 1535000 | 3 |
View Market Depth
| Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
| ASR (ASX) Chart |