“The Share Subscription Agreement is subject to any regulatory approvals required, Torian will only issue the Share Consideration to BullionFX subject to BullionFX listing its shares and/or the gold-back cryptocurrency token it is developing onto an as yet decided secondary market at a minimum price of US50¢ per share noting however the valuation and jurisdiction is yet to be decided by BullionFX. In addition, in the event BullionFX is bought out at a minimum price of US50¢ per share, the Share Consideration will also be issued.”
seems Torian only issuing shares if Torian can make 150% on it. Ie. they’re buying at .20c and only pay for it when the value is .50c
Ann: Torian to Make Strategic Investment in BullionFX, page-2
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Last
0.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.64M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1600000 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 666666 | 2 |
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| Last trade - 16.12pm 24/05/2024 (20 minute delay) ? |
| ASR (ASX) Chart |
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