Sorry Phil that's not how I read it. if says the NUMBER of shares will equal the vwap price that enables 2 million dollars but that the price is $4.05. If the Vwap is higher less shares are issued but at the same price. my biggest initial concern was as you stated, a very poorly (rushed??) worded announcement.
Sorry Phil that's not how I read it. if says the NUMBER of...
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Last
$5.84 |
Change
0.410(7.55%) |
Mkt cap ! $1.361B | |||
| Open | High | Low | Value | Volume |
| $5.49 | $5.87 | $5.49 | $4.343M | 761.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 3503 | $5.82 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.84 | 2042 | 7 |
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| Last trade - 13.05pm 03/05/2024 (20 minute delay) ? |
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Last
$5.89 |
Change
0.410 ( 8.98 %) |
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| Open | High | Low | Volume | ||
| $5.59 | $5.90 | $5.53 | 87705 | ||
| Last updated 13.25pm 03/05/2024 ? | |||||
| SLX (ASX) Chart |