IPX 0.63% $3.15 iperionx limited

They don't give them away:The placement in May 23 was for $20M @...

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    They don't give them away:

    The placement in May 23 was for $20M @ $1.00, a 5% discount to 10-day VWAP of $1.05.

    The placement in Sept 22 was for $24m @ 80 cents, a 6.4% discount to LAST CLOSING PRICE of 85.5 cents.

    So what will the price be?

    5% discount to 10-day VWAP of $2.14 (approx 11 cents) = $2.03
    6.4% discount to last close of $2.12 (approx 14 cents) = $1.98

    Just a bit of speculative fun.


 
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