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$8.57 elders limited

Thanks Dragon for the clear explanation much appreciated

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joca

1,806 Posts.

155

02/07/16

10:54

Post #: 18176886
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Originally posted by dragons ↑

Without claiming to be an expert, my understanding is that:

- there is no minimum number of top up shares specified in the Offer document, so the answer (although a nonsense) is one share;

- the maximum number of top up shares that you can apply for is 1471 ($5000 worth) UNLESS your entitlement for new shares exceeds $25000. If this is the case, you can apply for 20% of your entitlement amount;

- using your example, 500 new shares under the entitlement offer equates to $1700, so the maximum that you could apply for would be 1471 top up shares ($5000);

- regardless of what you apply for (and pay for), your application may be scaled back, in which case you obviously receive a refund for any top up shares paid for but not allocated.

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Thanks Dragon for the clear explanation much appreciated

ELD Price at posting: $3.73 Sentiment: Buy Disclosure: Held
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(20min delay)
Last $8.57		Change 0.040(0.47%)		Mkt cap ! $1.354B

Open	High	Low	Value	Volume
$8.50	$8.63	$8.41	$3.708M	432.9K

Buyers (Bids)

No.	Vol.	Price($)
1	913	$8.56

Sellers (Offers)

Price($)	Vol.	No.
$8.57	1573	1

View Market Depth

No.	Vol.	Price($)
1	1218	8.520
3	6018	8.500
1	1218	8.490
1	1218	8.480
1	6000	8.440

Price($)	Vol.	No.
8.570	1573	1
8.590	1357	2
8.610	2849	2
8.620	5218	2
8.630	112109	4

Last trade - 16.10pm 09/07/2024 (20 minute delay)

ELD (ASX) Chart