Still committed to LDA 2024.The terms of the Put Option Agreement between the Company and LDA were announced to ASX on 13 August 2020, 26 October 2020 (First Amendment), 13 October 2021 (Second Amendment)and lastly on 3 January 2024 (Third Amendment). The issue price for the shares will be 91.5% of the higher of the average daily VWAP of shares over the pricing period (subject to any applicable adjustments) and the minimum price notified to LDA Capital by the Company.The Pricing Period for the Capital Call Notice will begin on 28 March 2024 and will end on the sooner of 7 June 2024 or when the shares have been fully subscribed by LDA Capital. The agreement allows extensions to the pricing period upon request by the company in the event unsold shares remain at the pricing period ending date. As of the date of the capital call notice, available funding under the agreement amounts to $50.2M and the company is committed to drawing down a minimum of $12M no later than 31 December 2024, of which $1.1M has been drawn.
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Still committed to LDA 2024.The terms of the Put Option...
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Last
19.5¢ |
Change
-0.020(9.30%) |
Mkt cap ! $382.6M |
Open | High | Low | Value | Volume |
21.5¢ | 22.0¢ | 19.5¢ | $3.501M | 17.34M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
13 | 601346 | 19.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
20.0¢ | 272894 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 143656 | 0.195 |
26 | 1016179 | 0.190 |
24 | 843227 | 0.185 |
36 | 1109818 | 0.180 |
41 | 1009318 | 0.175 |
Price($) | Vol. | No. |
---|---|---|
0.200 | 154500 | 2 |
0.205 | 618000 | 3 |
0.210 | 483041 | 6 |
0.215 | 365782 | 8 |
0.220 | 504065 | 8 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
BRN (ASX) Chart |
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
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