pcl, just a guess. But looks like GEM is issuing shares to AFJ holders who took up GEM's earlier offer. Presumably, GEM gets the AFJ shares from these former AFJ holders and surrenders them to the private equity group at the price stated in the private equity deal.
GEM ISSUING FREE SHARES to AFJ, page-2
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Last
$1.28 |
Change
-0.020(1.54%) |
Mkt cap ! $1.032B | |||
| Open | High | Low | Value | Volume |
| $1.28 | $1.29 | $1.26 | $1.105M | 868.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5151 | $1.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.28 | 1112 | 1 |
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| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| GEM (ASX) Chart |