Options exercise at a 35 cent premium. Great work by the shareholder group including one director (no points for guessing who that legend is) . As stated in the announcement they expect an equity portion required by the investment bank. Tbis $8.75 mil at exercise amount should compliment and go towards the expected amount of equity required by the investment bank as a safeguard to the predominant debt funded amount. Being able to get this equity portion at 35 cents per option is much better than any deal that would have been arranged by the investment bank or dare I say it 'Pattos', as that would have been a 20% discount at a 5 day vwap.
Great work!
Options exercise at a 35 cent premium. Great work by the...
-
- There are more pages in this discussion • 396 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add WKT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
11.0¢ |
Change
0.005(4.76%) |
Mkt cap ! $73.83M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 11.0¢ | 10.5¢ | $14.33K | 135.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 805636 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 249479 | 4 |
View Market Depth
| Last trade - 16.10pm 25/06/2024 (20 minute delay) ? |
| WKT (ASX) Chart |