ADN 0.00% 0.7¢ andromeda metals limited

Ann: Rights Issue - Letter to Shareholders, page-3

  1. 6,950 Posts.
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    I decided to sell some of my other shares to grab a heap today, and will take up full rights, what a deal really up to 90% off

    The Offer price of $0.005 per New Share represents a 50% discount to the Company’s shares on 3 November 2017 and a 57% discount to the volume weighted average price of the Company’s shares over the 30 days leading up to the Offer announcement. If the valuation of the attaching New Option is also taken into account, these discounts increase to 89% and 91% respectively.
 
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65 22147619 0.6¢
 

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0.7¢ 12631090 12
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