VRC 25.0% 0.5¢ volt resources limited

Hi Hula, what they actually said is " Under the Offer, the...

  1. 17,843 Posts.
    lightbulb Created with Sketch. 1250
    Hi Hula, what they actually said is

    "
    1. Under the Offer, the Company seeks to raise a minimum of $1,500,000. Notwithstanding this, the Company reserves absolute discretion regarding the amount raised under the SPP.

    2. 10.2. In the event of an oversubscription by the Closing Date the directors of the Company may, in their absolute discretion, accept or scale-back all applications on an equitable basis.

    3. 10.3. If applications under the SPP are received in excess of $1,500,000, the Company retains the discretion to issue more Shares to satisfy all or part of such applications up to the maximum permitted under the ASX Listing Rules. If the Company rejects or scales back an application or purported application, the Company will promptly return to the shareholder the relevant application monies, without interest. "


      So not sure where you got the bit about they stated they will accept oversubscription from, can you copy the relevant section for us as I may have missed it

      Thanks
 
watchlist Created with Sketch. Add VRC (ASX) to my watchlist
(20min delay)
Last
0.5¢
Change
0.001(25.0%)
Mkt cap ! $20.79M
Open High Low Value Volume
0.5¢ 0.5¢ 0.4¢ $13.41K 2.693M

Buyers (Bids)

No. Vol. Price($)
5 5182486 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.5¢ 14054725 13
View Market Depth
Last trade - 16.10pm 05/09/2024 (20 minute delay) ?
VRC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.