Hello boughtearly,
Usually i read and agree with your posts but on this occasion i feel i must correct you because your guesstimate that potentially 60 million shares could be added in the SPP causing a blow out.? After checking with Ardea, I should advise readers here that the above scenario is not possible potentially or otherwise.
The SPP is restricted to ONLY 30% of the 67 million shares and that restriction limits the SPP to ONLY 20 million shares maximum.
A maximum of ONLY 20 million SPP shares can and will be issued.
I trust that clears up any speculation.
- Forums
- ASX - By Stock
- ARL
- Ann: Share Purchase Plan
Ann: Share Purchase Plan, page-61
-
-
- There are more pages in this discussion • 46 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 ARL (ASX) to my watchlist
(20min delay)
|
|||||
Last
37.5¢ |
Change
-0.025(6.25%) |
Mkt cap ! $74.88M |
Open | High | Low | Value | Volume |
39.5¢ | 40.0¢ | 37.5¢ | $50.49K | 129.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 14286 | 37.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
40.0¢ | 1729 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 14286 | 0.375 |
1 | 8000 | 0.370 |
1 | 10000 | 0.365 |
1 | 5000 | 0.360 |
1 | 8 | 0.355 |
Price($) | Vol. | No. |
---|---|---|
0.400 | 1729 | 1 |
0.420 | 12300 | 1 |
0.425 | 3760 | 1 |
0.430 | 3255 | 1 |
0.435 | 2289 | 1 |
Last trade - 15.26pm 04/10/2024 (20 minute delay) ? |
Featured News
NEWS
Breakthrough programs slash healthcare events, driving a significant A$1.8M+ annual revenue boost
CC9
Chariot Corporation (ASX:CC9) refines Black Mountain strategy, launching Pilot Mine to seize U.S. lithium opportunity
ARL (ASX) Chart |