i understand it as 30% of the shares they don't have, so they will offer 91 cents to around 70% of the shares they don't already own and if only half of the shareholders accept, then you will get to sell the lot at 91 cents.
Could be wrong, but thats what it looks like.
reforms not a threat, page-9
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Last
23.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $144.3M | |||
| Open | High | Low | Value | Volume |
| 23.0¢ | 23.0¢ | 22.5¢ | $37.74K | 167.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 98566 | 22.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.0¢ | 582490 | 15 |
View Market Depth
| Last trade - 16.10pm 18/11/2024 (20 minute delay) ? |
| CCV (ASX) Chart |