I have actually posted on this before. It is as follows:
The SPP offer is for total of A$5m.
If we take the total number of shareholders of 4138 as of 2/10/08 as within the ballpark and if all shareholders take up the offer, each shareholder will be entitled to $1208 worth of shares.
Yes, we will get scale back if this happens.
By setting the minimum application at $2500, HZN will get the $5m if only 50% of shareholders take up the offer.
Time will tell.
share offer, page-15
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Last
21.5¢ |
Change
0.015(7.50%) |
Mkt cap ! $349.4M | |||
| Open | High | Low | Value | Volume |
| 21.0¢ | 21.5¢ | 20.5¢ | $852.7K | 4.032M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 273414 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 1407682 | 11 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| HZN (ASX) Chart |