So, if the transaction gets the SH approval, 85% of initial $53.6M will be paid out to shareholders which is $45.56M. We have 188,954,590 number of shares which means a cash payment of $0.24 per shares. This is my understanding and I think this is not bad given that this is just initial payment and there will options for more payment in near future.
So, if the transaction gets the SH approval, 85% of initial...
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Last
15.0¢ |
Change
-0.005(3.23%) |
Mkt cap ! $29.55M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 15.5¢ | 14.5¢ | $29.37K | 193.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 47208 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 10000 | 1 |
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| Last trade - 11.49am 09/10/2024 (20 minute delay) ? |
| MTC (ASX) Chart |