Ah, Maths for Maths sake!
26 935 382 original shares + 3 740 410 gives 30 675 792 new shares
Amount raised was $5 764 200 divided by total new shares (no options) 30 675 792 gives 18.79071289 cents per share.
If I buy them at 18.5 cents, which I can at the moment, I get them cheaper than what they paid. I don't get the options though which is the sad part.
Though if I wanted some options, I could purchase the real shares instead cheaper than their strike price.
Of course we could calculate what the option is worth and take that off the base price. Then you would be right in less than 18 cents. I'll let someone else do the maths on that one.
I'm guessing we'll be able to pick them up at 15 cents before too long anyway. Hope I'm wrong on that one!
I'm in for the long haul!
Since I took so long to type all this in, someone else has probably done the calcs!
Cheers,
Foxlowe.
- Forums
- ASX - By Stock
- CTO
- placement nc
placement nc, page-21
-
- There are more pages in this discussion • 23 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CTO (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.5¢ |
Change
0.001(25.0%) |
Mkt cap ! $15M |
Open | High | Low | Value | Volume |
0.5¢ | 0.5¢ | 0.5¢ | $5.51K | 1.101M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 900249 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 7872197 | 19 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 900249 | 0.004 |
30 | 21195269 | 0.003 |
11 | 17478693 | 0.002 |
10 | 15702988 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 7872197 | 19 |
0.006 | 5417960 | 8 |
0.007 | 2263000 | 4 |
0.008 | 6372992 | 7 |
0.009 | 2370800 | 4 |
Last trade - 15.05pm 14/10/2024 (20 minute delay) ? |
Featured News
CTO (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, Managing Director & CEO
Charles Armstrong
Managing Director & CEO
SPONSORED BY The Market Online