This was in Street Talk.
"The offer was priced at 1.6¢ a share, a 20 per cent discount to the last close, according to the term sheet sent to potential investors. It included a one-for-one free attaching option with a 3.2¢ strike price and two-year expiry. It was targeting a $2 million minimum, going up to $4.3 million."
I don't know how they went with this offer.
The SP could go either way on this. Paying of the $5mil loan is a good thing and a big saving on interest in the future. Annoyance by holders could have it go the other way.
GLTAH DYOR
This was in Street Talk. "The offer was priced at 1.6¢ a share,...
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add JAT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
76.0¢ |
Change
-0.020(2.56%) |
Mkt cap ! $63.28M | |||
| Open | High | Low | Value | Volume |
| 78.0¢ | 78.5¢ | 73.5¢ | $8.188K | 10.62K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 25000 | 73.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 76.5¢ | 9899 | 1 |
View Market Depth
| Last trade - 15.39pm 19/08/2024 (20 minute delay) ? |
| JAT (ASX) Chart |