"Firstly, the issue of the 19.9% to SK will not be dilution for the 100000th time. You of all people should understand that dilution only occurs when shares are issued on open market, SK will not be putting a cent on to open market so therefore no dilution."
May I respectfully suggest that what the other poster was eluding to was that because SK are receiving 19% of new shares that we are effectively reducing our percentage of the over all shares by 19%.
That cannot be doubted
BUT what he does not say and it is important is that SK are paying the company for those shares and therefore were are all 19% better off financially by virtue of that payment.
In any event I am very happy to have SK as JV partner, you don't get a big international company to become a substantial shareholder by standing on a street corner with your hat in your hand.
I see big things for AUZ over the next 2-3 years
CB
- Forums
- ASX - By Stock
- AUZ
- AUZ Chart
AUZ Chart, page-80
-
- There are more pages in this discussion • 6,840 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AUZ (ASX) to my watchlist
|
|||||
Last
0.8¢ |
Change
-0.001(6.25%) |
Mkt cap ! $10.48M |
Open | High | Low | Value | Volume |
0.7¢ | 0.8¢ | 0.7¢ | $7.069K | 988.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
40 | 11334814 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.8¢ | 981944 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
38 | 10949100 | 0.007 |
18 | 5775219 | 0.006 |
15 | 8920000 | 0.005 |
7 | 4250000 | 0.004 |
2 | 2175000 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 541049 | 10 |
0.009 | 5795725 | 11 |
0.010 | 7859616 | 24 |
0.011 | 3489022 | 9 |
0.012 | 6699701 | 10 |
Last trade - 15.38pm 28/06/2024 (20 minute delay) ? |
Featured News
AUZ (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online