AGY 1.08% 9.2¢ argosy minerals limited

@asxDragonslayer "On a side note the max amount to be issued is...

  1. 137 Posts.
    lightbulb Created with Sketch. 38
    @asxDragonslayer "On a side note the max amount to be issued is 51M which is more than the 34M placement but doesn't mention for what potential use.

    Thats roughly $2M.

    Maybe someone could ask today."

    If someone hasn't already provided the answer to your query @asxDragonslayer ...

    Ann states - "US$5 million strategic investment by Amperex Technology Limited."

    In AUD terms the investment amount from ATL is approx AU$7.5 million. (US$1=AU$1.51)
    ie. 51,614,581 shares @$0.14631 = AU$ 7,551,729.34
    Therefore, the 51,614,581 shares proposed to be issued for a placement today are all for the ATL investment.

    Atleast that's my take on the 51mil shares proposed for issue. Unfortunately there's no "roughly $2M" extra to be raised, but on a positive note AGY is receiving an extra $2.5mil on top of your perceived $5mil in AUD terms.wink.png
 
watchlist Created with Sketch. Add AGY (ASX) to my watchlist
(20min delay)
Last
9.2¢
Change
-0.001(1.08%)
Mkt cap ! $133.9M
Open High Low Value Volume
9.2¢ 9.4¢ 9.0¢ $329.9K 3.597M

Buyers (Bids)

No. Vol. Price($)
2 59325 9.2¢
 

Sellers (Offers)

Price($) Vol. No.
9.4¢ 73784 2
View Market Depth
Last trade - 16.10pm 14/06/2024 (20 minute delay) ?
Last
9.2¢
  Change
-0.001 ( 1.08 %)
Open High Low Volume
9.1¢ 9.4¢ 9.0¢ 1081942
Last updated 15.59pm 14/06/2024 ?
AGY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.