PLEASE NOTE!!!! IMPORTANT!!!!
This will be...
Pro-rata Renounceable Entitlement Offer...
This means share holders can sell their right to purchase at 5cents.... for example if you are entitled to 200,000 rights at 5cents you will be able to sell them on the asx like normal shares for the bidding price... its better then forfeiting them if your unable to take up the offer...
HOWEVER... THIS IS IMPORTANT!!! ... if you purchase the rights you are agreeing to pay the sellers price for example let’s say 1cent.... then you will still need to pay the 5cents to the company to execute your right to purchase... so as per example 1cent plus 5 cents = 6cents plus brokerage and a small fee for admission...
I’ve seen many investors confused by renounceable right offers... please completely understand the processes.
PLEASE NOTE!!!! IMPORTANT!!!! This will be... Pro-rata...
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Last
$1.18 |
Change
0.000(0.00%) |
Mkt cap ! $2.828B | |||
| Open | High | Low | Value | Volume |
| $1.19 | $1.19 | $1.17 | $4.511M | 3.836M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 27174 | $1.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.18 | 219274 | 9 |
View Market Depth
| Last trade - 16.10pm 03/07/2024 (20 minute delay) ? |
| DEG (ASX) Chart |