A1M 4.05% 35.5¢ aic mines limited

capital return

  1. 132 Posts.
    lightbulb Created with Sketch. 12
    Seems like a capital return is inevitable for most shareholders since Quantum directors are being elected at last resolution.

    Just want to confirm my understanding of this capital return exercise; shareholders get around USD$0.258 for each share. After this capital return, shareholders will still retain their original share holdings. (no dilution)

    Basically, our shares are now worth USD$0.516 (approx USD$0.258 + AUD$0.27). So new investors who bought in now at current AUD$0.27 per share prior to the capital return date (say 5th June) would actually get a value of USD$0.516 per share.

    Please correct me if I am ignorant or missing something in my assumption above.



 
watchlist Created with Sketch. Add A1M (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.