SGQ 3.85% 2.5¢ st george mining limited

Likely we will get 20% of what we apply for if a pro rata scale...

  1. 624 Posts.
    lightbulb Created with Sketch. 14
    Likely we will get 20% of what we apply for if a pro rata scale back and not closed early.
    We will get $4K of SGQ for our $20K application.

    $70M if all shareholders take up max of $20K.
    Reality is likely that 70% of shareholders will apply.
    and 90% of these shareholders will send in $20K.
    Roughly $45M is being sent in to SGQ chasing $1.6M, Scalable to $9.9M.

    "Whilst the Company intends to raise $1,600,000 under the Plan, the Company reserves the right to acceptadditional applications subject to shareholder demand. However, the maximum number of Shares which can beissued under the Plan is limited by the ASX Listing Rules to a maximum of 123,783,380 Shares, which is equal to30% of the Company’s existing issued share capital."

    123,783,380 / 20,000,000 = 6.189169
    6.189169 X $1.6M = $9.9M

    SGQ Shareholder Distribution

    About the Data


    Holding Size1 - 1,0001,001 - 5,0005,001 - 10,00010,001 - 100,000100,001 and overTotal Shareholders
    No. of Shareholders2395145901,6065653,514
 
watchlist Created with Sketch. Add SGQ (ASX) to my watchlist
(20min delay)
Last
2.5¢
Change
-0.001(3.85%)
Mkt cap ! $24.71M
Open High Low Value Volume
2.6¢ 2.6¢ 2.5¢ $26.58K 1.023M

Buyers (Bids)

No. Vol. Price($)
4 1238715 2.5¢
 

Sellers (Offers)

Price($) Vol. No.
2.7¢ 50000 2
View Market Depth
Last trade - 14.08pm 19/06/2024 (20 minute delay) ?
SGQ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.