Am I missing something here?
The directors want to issue a share purchase plan at $0.008 per share, on the grounds that this is at a "premium" to the market price.
The market price is $0.006 per share.
Now normally when one talks about a share issue price being at a premium, he/she means that it is at a bargain price for the buyer, ie at less than the market price.
Can someone put some sunlight on this situation.
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Am I missing something here? The directors want to issue a share...
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Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.834M |
Open | High | Low | Value | Volume |
1.0¢ | 1.0¢ | 1.0¢ | $49 | 4.907K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 1382659 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 202237 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 1382659 | 0.009 |
5 | 2124995 | 0.008 |
4 | 1628560 | 0.007 |
1 | 250000 | 0.006 |
2 | 700000 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 1450000 | 2 |
0.012 | 1417974 | 5 |
0.013 | 1100000 | 3 |
0.014 | 1542063 | 3 |
0.015 | 1050000 | 2 |
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