So instead of getting 1 share for every "x" held, you can instead buy up to $15k worth. So this goes by the number of holders. If it was a rights issue, that would equate to 1 share for every 100 held if all participated.
The difficulty is, you will have your money tied up until sometime after 26 August and most likely only receive a small placement with your money in limbo during that time.
I take the placements will be averaged out and not first in best.
So instead of getting 1 share for every "x" held, you can...
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Last
19.3¢ |
Change
-0.003(1.28%) |
Mkt cap ! $344.3M | |||
| Open | High | Low | Value | Volume |
| 19.0¢ | 19.5¢ | 19.0¢ | $82.63K | 434.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 512183 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 19.5¢ | 979953 | 20 |
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| Last trade - 14.27pm 14/06/2024 (20 minute delay) ? |
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Last
19.0¢ |
Change
-0.003 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 19.0¢ | 19.0¢ | 19.0¢ | 183992 | ||
| Last updated 14.25pm 14/06/2024 ? | |||||
| CVN (ASX) Chart |