RGT 0.00% 30.0¢ argent biopharma limited

Ann: Unmarketable Parcel Share Sale Facility, page-12

  1. 1,302 Posts.
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    yeah, some would have been sold on those days and some on other less interesting days for the SP.. they must have gleaned a lot of small parcels and they just can't sell them all at once or even over 30 days. They have to pay us at least .024 cents no less and they may have strategy to only sell them at .024 or above, otherwise they will have to pay out the difference from their coffers if average is below .024c. I hope they don't have too many left to sell as the recent SP levels will bring the average down quite a bit depending on how many of our shares they haven't sold yet. I imagine the hold up is there aren't enough buyers every day to sell them all more quickly at .024c or above.


    Last edited by VMG70: 17/09/20
 
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