1. agree with Lightman1 that shareholders will get more $ --> $1.03.
2. Golden Investment can't buy at higher than $1 and there are no sellers at $1.00.
But i can't see how this bonus issue itself can stop a complete takeover in due course.
3. what would have been the effects if the bonus issue were 50 shares for every 1,000 held?
News: SMR Stanmore Coal Says Decided To Conduct Bonus Issue Of Shares To Eligible Shareholders, page-16
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Last
$1.85 |
Change
0.020(1.09%) |
Mkt cap ! $1.667B | |||
| Open | High | Low | Value | Volume |
| $1.83 | $1.88 | $1.81 | $2.920M | 1.576M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 36 | $1.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.87 | 10380 | 1 |
View Market Depth
| Last trade - 16.10pm 26/06/2025 (20 minute delay) ? |
| SMR (ASX) Chart |