On 13/11/2020 PYC made an announcement "Completion of Retail Entitlement Offer", the paragraph at the bottom of page 1 says:
"A shortfall of ~A$14 million worth of New Shares (~82 million New Shares) has arisen under the Retail
Entitlement Offer. The Company retains the right to place this shortfall within 3 months of the close of the
Retail Entitlement Offer at or above the Entitlement Offer Issue Price of A$0.17 per New Share."
By my calculation, that 3 months period would have ended on 13/02/2021. I don't think those 3-year options offered to the two new appointed Board Members would count towards this pool of $14M shortfall. Again I might be wrong. Please raise this question at the next Investor's Call on Thur 15/04/2021.
PYC Chart looks the goods, page-263
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Last
13.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $606.5M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 13.5¢ | 12.5¢ | $17.86K | 137.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 1081168 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 505604 | 2 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| PYC (ASX) Chart |