"a per-share amount equal to 90% of the average closing bid price of the Ordinary Shares recorded by Nasdaq during the 30 consecutive trading days commencing on the first trading day that is designated on the draw down notice."
After re-reading the sec notice it seems that if the draw down is utilised the price will be determined by the 30 day average share price AFTER the initial drawn down day. Is this correct or am I reading it incorrectly?
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european lithium limited
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6.1¢

"a per-share amount equal to 90% of the average closing bid...
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Last
6.1¢ |
Change
0.003(5.17%) |
Mkt cap ! $88.15M |
Open | High | Low | Value | Volume |
5.4¢ | 6.3¢ | 5.4¢ | $208.1K | 3.447M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 6.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.2¢ | 20000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 0.060 |
1 | 200000 | 0.057 |
3 | 267857 | 0.056 |
3 | 195000 | 0.055 |
4 | 330555 | 0.054 |
Price($) | Vol. | No. |
---|---|---|
0.062 | 20000 | 1 |
0.064 | 379684 | 4 |
0.065 | 326515 | 4 |
0.066 | 558763 | 5 |
0.067 | 1623492 | 3 |
Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
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