• Eligible shareholders able to subscribe for new shares priced at $0.25 per share on the basis of 7 shares for every 15 shares held
• Each new share to attract a free attaching, listed DYL option with an exercise price of $0.50 and expiring on 1 June 2022 (unless accelerated)
Apart from the fact that the Options to be issued will be listed, the other interesting issue for me is the Exercise Price of $0.50c - clearly a long way out, but also a sign of confidence by the company that the heads price will be well above the $0.50c mark.
I'm more than happy to take up my full entitlement + and park them in the bottom draw....
GLTAH.
decisions descisions, page-4
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Last
$1.09 |
Change
0.000(0.00%) |
Mkt cap ! $1.051B | |||
| Open | High | Low | Value | Volume |
| $1.12 | $1.12 | $1.07 | $2.302M | 2.125M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 129885 | $1.08 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.09 | 51522 | 3 |
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| Last trade - 16.10pm 02/09/2024 (20 minute delay) ? |
| DYL (ASX) Chart |