SXY
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0.00% $4.60 senex energy limited

It says, the "lesser" of a. 31.5c per new share b. 5% discount...

  1. gmt
    7,968 Posts.
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    15/02/17
    11:47
    Post #: 22627901
    It says, the "lesser" of a. 31.5c per new share b. 5% discount to the VWAP.

    So if the 31.5c per share is cheaper than the 5% discount to the VWAP you pay 31.5c or vice versa.
    SXY Price at posting: 35.8¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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