"Under this Prospectus, Eligible Retail Shareholders are invited to purchase 0.615 new shares for every one share held at 4.00pm (Perth time) on the Record Date at the Offer Price of $0.02 per share, together with 1 free attached option (31 December 2018 strike of $0.05) for every 2 new shares subscribed. The Offer comprises an institutional component (Institutional Entitlement Offer) and a retail component (Retail Entitlement Offer)."
Regarding the free attached option - What does the 31 December 2018 strike of $0.05 mean?
Will these free options get allocated as soon as it settles and ready to be traded?
Options, page-3
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Last
10.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $318.7M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.5¢ | 10.0¢ | $299.6K | 2.962M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 1131679 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 7498529 | 47 |
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| Last trade - 16.10pm 16/10/2024 (20 minute delay) ? |
| PEN (ASX) Chart |