Seeing Snow Lake Resources is a separate entity, when the cash flow starts, that cash will only be used for SLR? Am I lost in space, missing something with this spinoff? Usually existing shareholders of the company get shares in the spinoff company. " When a company is spun off, it can be listed and set up for an IPO on the public market as a standalone enterprise. Investors would then own shares in the parent company as well as a proportional amount of shares in the new standalone company."
Ann: Thompson Brothers Lithium Project Update, page-27
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Last
23.5¢ |
Change
-0.005(2.08%) |
Mkt cap ! $50.04M | |||
| Open | High | Low | Value | Volume |
| 24.0¢ | 24.5¢ | 23.5¢ | $13.43K | 56.75K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 114011 | 23.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.5¢ | 37061 | 2 |
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| Last trade - 16.10pm 22/05/2024 (20 minute delay) ? |
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Last
23.5¢ |
Change
-0.005 ( 2.08 %) |
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| Open | High | Low | Volume | ||
| 23.5¢ | 23.5¢ | 23.5¢ | 10620 | ||
| Last updated 12.20pm 22/05/2024 ? | |||||
| NVA (ASX) Chart |