WR1 winsome resources limited

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

  1. 3,303 Posts.
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    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

 
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(20min delay)
Last
13.8¢
Change
0.000(0.00%)
Mkt cap ! $33.53M
Open High Low Value Volume
14.0¢ 14.0¢ 13.5¢ $37.48K 269.7K

Buyers (Bids)

No. Vol. Price($)
1 90577 13.5¢
 

Sellers (Offers)

Price($) Vol. No.
14.0¢ 88262 5
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Last trade - 15.59pm 19/06/2025 (20 minute delay) ?
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