HIO 4.17% 2.3¢ hawsons iron ltd

Ann: Prospectus - Shareholder Offer, page-16

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CFD TRADING PLATFORM
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CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,112 Posts.
    lightbulb Created with Sketch. 104
    Thanks fundamental...did some maths, its worth doing, if you dropped $10k, your getting shares at 0.02475c each.

    For those who are wondering, $10k ÷ 0.033c = 303,030 shares. With every 3 shares, you get 1 free share.

    303,030 ÷ 3 = 101,010 shares for free.

    101,010 + 303,030 = 404,040 shares.

    $10k ÷ 404,040 = 0.0247500c.

    Current price, $10k ÷ 0.030 = 333,333 shares.
 
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