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9.09% 0.6¢ asra minerals limited

Ann: Proposed issue of securities - TNR, page-63

  1. WhatsupwithBas
    1,675 Posts.
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    29/09/21
    17:27
    Post #: 56441248
    They have stated that 347,754,860 are the max Ops to be issued for this. I noticed that it was not 40% of the ordinary, plus existing ops, but only 40% of the ordinary. Meaning that if hypothetically everyone who holds now took up the offer, there would not be enough to cover any who converted options to increase their heads. Am I incorrect about this dsb?
    TNR Price at posting: 3.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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