If we have 7000 shareholders with 10% taking the "up to $30000" offer, that is 700 x $30,000 = $21M and is only just oversubscribed, people will get close to their full allocation.
If that becomes 25% we get $52.5M and assuming they allocated $30M instead of $20M then holders would get $17140 worth of shares, if they stuck to the $20M limit then we are looking at only $11,420 in shares.
$30,000 = just under 70,000 shares, I took the full 13c CR, the full 24c CR and will apply for this offer. Assuming full allotment, it will raise my average to around 27c but I have full confidence in the dividend generation potential just as I plan to retire in 2028.
Always remember, I am a mug and unless you pay for my opinion it is only an opinion & not advice.
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If we have 7000 shareholders with 10% taking the "up to $30000"...
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Mkt cap ! $706.7M |
Open | High | Low | Value | Volume |
25.0¢ | 25.5¢ | 24.5¢ | $88.60K | 349.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 19675 | 24.5¢ |
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Price($) | Vol. | No. |
---|---|---|
25.5¢ | 249587 | 3 |
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No. | Vol. | Price($) |
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1 | 11675 | 0.245 |
3 | 180000 | 0.240 |
8 | 179343 | 0.235 |
19 | 369582 | 0.230 |
5 | 275763 | 0.225 |
Price($) | Vol. | No. |
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0.255 | 39215 | 2 |
0.260 | 169820 | 5 |
0.265 | 223400 | 5 |
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