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7.1¢ spicers limited

Ann: Spicers enters into a Scheme Implementation Deed with KPP, page-10

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lito

57 Posts.

18/01/19

10:33

Post #: 37153020
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Originally posted by rennis: ↑

Hi Lito,
No, it comes from the issuing of SRS shares from PXUPA. The SRS shares were valued at 2.9c each. Each PXUPA got exchanged for 545 SRS, at a cost base of 2.9c for an implied PXUPA value of $15.805. My PXUPA cost much more than that, so the rest was a capital loss for me.

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I see what you mean now, thanks for clarifying

SRS Price at posting: 6.5¢ Sentiment: Hold Disclosure: Held
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