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...
Add SLX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$6.04 |
Change
-0.090(1.47%) |
Mkt cap ! $1.452B | |||
| Open | High | Low | Value | Volume |
| $6.19 | $6.19 | $6.01 | $301.8K | 49.19K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 796 | $6.03 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.04 | 1880 | 4 |
View Market Depth
| Last trade - 10.27am 04/06/2024 (20 minute delay) ? |
|
|||||
|
Last
$5.94 |
Change
-0.090 ( 2.86 %) |
||||
| Open | High | Low | Volume | ||
| $6.16 | $6.16 | $5.93 | 9356 | ||
| Last updated 10.42am 04/06/2024 ? | |||||
| SLX (ASX) Chart |