I believe the entitlement will be exactly like a renouncebale rights issue. Shareholders will be entitled to buy 1 CUE share for twenty cents for each FIVE shares held on the day the prospectus is issued or a date soon after.
Then there will be a two to three week period when entitlements can be traded on the ASX.
ATM the entitlement is worth 4 cents. (SP = .24)
Who agrees? Other explainations??
all the best,
R,
I believe the entitlement will be exactly like a renouncebale...
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10.5¢ |
Change
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Mkt cap ! $73.32M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 10.5¢ | $8.294K | 78.98K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 481777 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 1308769 | 6 |
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