You CANNOT lose in the SPP unless LTR later goes broke, very very very doubtful. It is either $1.80 if the current SP is higher than $1.80 at the time of the offer closing date, or if the SP is lower than $1.80, it is the SP averaged out over 5 days prior to the closing date (VWAP), less 2% as a discount. Here, I’ll dumb it down for you:
1. Buy at $1.80 if the SP is back up to say $2.50 at the time of SPP offer closing date, which would be a huge savings for holders,
or
2. If the SP is an average of say $1.60 for the 5 days prior to the SPP offer closing date, you then get them at $1.60 less a 2% discount.
Yes, if buyers want to they can also buy them now at the current SP. Except you maybe? You don’t hold LTR do you?
Another on IGNORE today. Bye
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Last
67.0¢ |
Change
-0.045(6.29%) |
Mkt cap ! $1.624B |
Open | High | Low | Value | Volume |
70.0¢ | 71.0¢ | 67.0¢ | $10.52M | 15.42M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
14 | 385809 | 66.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
67.5¢ | 116000 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 62320 | 0.665 |
12 | 266032 | 0.660 |
3 | 18625 | 0.655 |
23 | 225249 | 0.650 |
3 | 71550 | 0.645 |
Price($) | Vol. | No. |
---|---|---|
0.675 | 11000 | 2 |
0.680 | 189500 | 3 |
0.685 | 50001 | 2 |
0.690 | 35935 | 3 |
0.695 | 20000 | 1 |
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