If it’s paid out to shareholders as BB suggested, it depends on the terms of the distribution.
Ie.. if the figure was an even $100mill AUD to be distributed to share holders with the
634,371,246 shares on issue.
15.7c per share dividend minus costs associated with the transaction..
If the nominal value of your shares are $20,000 at 8.5c or 235k shares you may get a payout of $36,890 rough figures.
But then how many shareholders sell out is the question after the payout date.. The share price could halve or more and your $20,000 nominal value may now be $7000-10,000 if the share price sells off to 3-4c per share..
Depends on exploration results now whether the share price recovers or not, if indeed there is a sell off after payout.. Assuming that’s where this goes..
IMO DYOR
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Mkt cap ! $60.89M |
Open | High | Low | Value | Volume |
9.6¢ | 9.6¢ | 9.5¢ | $57.3K | 599.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 730274 | 9.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.5¢ | 100505 | 2 |
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No. | Vol. | Price($) |
---|---|---|
6 | 730274 | 0.094 |
1 | 25000 | 0.093 |
1 | 220000 | 0.091 |
2 | 593334 | 0.090 |
1 | 100000 | 0.083 |
Price($) | Vol. | No. |
---|---|---|
0.095 | 100505 | 2 |
0.097 | 61799 | 4 |
0.098 | 160000 | 2 |
0.099 | 25000 | 1 |
0.100 | 497556 | 3 |
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