Company: Vintage Energy Limited
Code: VENDeal Summary:
Offer Price:
A$0.01 per New Share
Discount:
- Last price (25 March 2024) A$0.0160 37.5% discount
- 5 day VWAP A$0.0148 32.5% discount
- 10 day VWAP A$0.0154 34.9% discount
- 15 day VWAP A$0.0167 40.3% discount
- TERP A$0.0131 23.8% discount
Offer Details:
Offer to raise approximately A$8.0 million, through the issue of ~800.0 million new ordinary shares (“New Shares”) (representing ~92.0% of VEN’s currently issued capital), comprising:
- Placement to raise approximately A$1.3 million through the issue of ~130.5 million New Shares (representing ~15.0% of VEN’s currently issued capital) (“Institutional Placement”);
- An Accelerated Non-Renounceable Entitlement Offer to raise a minimum A$6.7 million (an issue of 1 New Share for every 1.3 existing shares) through the issue of ~669.5 million New Shares (representing ~77.0% of VEN’s currently issued capital);
- An Accelerated Institutional Entitlement Offer (“Institutional Entitlement Offer”) including a bookbuild offering of shares equal in number to those not taken up by eligible institutional securityholders under the Institutional Entitlement Offer and the entitlements of ineligible securityholders
- A retail entitlement offer (“Retail Entitlement Offer”)
- The Offer is intended to be fully underwritten
Use of Proceeds:
- Drilling at Odin-2 and Odin-3
- Perforate and complete one well
- Offer costs and working capital
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Company: Vintage Energy LimitedCode: VENDeal Summary:Offer...
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Last
0.9¢ |
Change
-0.001(5.26%) |
Mkt cap ! $15.86M |
Open | High | Low | Value | Volume |
0.9¢ | 0.9¢ | 0.9¢ | $39.02K | 4.335M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 4165500 | 0.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.9¢ | 25854 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 4165500 | 0.008 |
5 | 3161435 | 0.007 |
4 | 935000 | 0.006 |
3 | 2296009 | 0.005 |
2 | 370000 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.009 | 25854 | 1 |
0.010 | 6134690 | 14 |
0.011 | 6419731 | 9 |
0.012 | 2859996 | 7 |
0.013 | 2347140 | 4 |
Last trade - 10.24am 24/06/2024 (20 minute delay) ? |
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