The 13 mil is a contractual obligation under the JV agreement, I would be exceptionally concerned if the said party were to take a 30% discount. It can be a composition of shares/cash (hopefully not cash) and Royalties but that needs to be ironed out properly. If its shares, VWAP is probably the way to go but I can only assume that they would've offered the shares which for BMV have been trading at an all-time high at the time of the announcement. But happy to wait it out. Disclaimer that given that my price on entry was circa. 11c I may not be as dissillusioned as many here.
The 13 mil is a contractual obligation under the JV agreement, I...
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Last
0.9¢ |
Change
-0.001(10.0%) |
Mkt cap ! $5.444M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.0¢ | 0.9¢ | $2.141K | 216.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1030595 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 2806886 | 1 |
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| Last trade - 14.56pm 21/06/2024 (20 minute delay) ? |
| ION (ASX) Chart |