A1M 4.55% 42.0¢ aic mines limited

Seems like a capital return is inevitable for most shareholders...

  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
(20min delay)
Last
42.0¢
Change
-0.020(4.55%)
Mkt cap ! $239.7M
Open High Low Value Volume
43.5¢ 43.5¢ 41.0¢ $593.6K 1.418M

Buyers (Bids)

No. Vol. Price($)
1 50002 41.5¢
 

Sellers (Offers)

Price($) Vol. No.
42.0¢ 12108 3
View Market Depth
Last trade - 16.10pm 26/06/2024 (20 minute delay) ?
A1M (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.