WR1 winsome resources limited

Winsome won't likely exercise the option by 31 July, so we have...

  1. 3,305 Posts.
    lightbulb Created with Sketch. 1703
    Winsome won't likely exercise the option by 31 July, so we have 5,000,000 shares about to get issued to Canada Inc. Anyone know if this happens immediately or at the same time as the additional A$3.4m of the deferred consideration is due, which is on transaction closing?

    If it's immediately, and the option expires, do the issued shares get reversed? As Winsome will be up for a break fee of A$2.25m...

    Do I have this right or will Canada Inc. keep all the shares issued, plus receive the break fee off of Winsome?

    https://hotcopper.com.au/data/attachments/6970/6970614-7f74b5322362a0244ff2e85667334d80.jpg

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
13.0¢
Change
-0.008(5.45%)
Mkt cap ! $31.70M
Open High Low Value Volume
13.5¢ 13.5¢ 13.0¢ $24.32K 184.9K

Buyers (Bids)

No. Vol. Price($)
3 58915 13.0¢
 

Sellers (Offers)

Price($) Vol. No.
14.0¢ 174744 7
View Market Depth
Last trade - 16.10pm 20/06/2025 (20 minute delay) ?
WR1 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.