re: Ann: Share Purchase Plan dipatched to sha... How is this share purchase plan value for money?
You only get one free 6 cent option for every 2 shares purchased at 0.048 cents,so for holders just to break even your free options would need to trade at 0.016 cents while the heads are trading at 0.04 cents.
I would think the new options would trade at no more than 0.012 cents and maybe no higher than 1 cent while the heads are 0.04 cents.I could be wrong but paticipating in the rights issue is to much of a gamble on expectations of a free option trading at a value of 0.016 cents or higher imo.
- Forums
- ASX - By Stock
- AYN
- Ann: Share Purchase Plan dipatched to shareholder
Ann: Share Purchase Plan dipatched to shareholder, page-2
-
-
- There are more pages in this discussion • 45 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AYN (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online