Hope this one helps you to understand better:
"You will note that the Company is not obliged to issue Shares in response to an exercise request more than once each calendar quarter. As the Options were in fact issued on 25 August 2020, the Board has determined to only accept requests for exercise, subject however to its further discretion, on or after 25 November 2020.
This determination has been made on the basis that the costs incurred by the Company in respect of processing each quotation request is uneconomic if the total Options being requested to be exercised are not accumulated into larger parcels. Please note that the Company must pay a minimum of $1,922 per quotation request to ASX. Whereas the Terms and Conditions do in fact allow the Company to recover these costs from any exercise under 500,000 Options, this is not the preferred course of action."
- Forums
- ASX - By Stock
- SRNOC - Form
Hope this one helps you to understand better:"You will note that...
-
-
- There are more pages in this discussion • 40 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SRN (ASX) to my watchlist
|
|||||
Last
0.7¢ |
Change
0.001(16.7%) |
Mkt cap ! $13.90M |
Open | High | Low | Value | Volume |
0.6¢ | 0.7¢ | 0.6¢ | $4.31K | 709.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 3086692 | 0.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.7¢ | 12479301 | 19 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 3086692 | 0.006 |
32 | 20533689 | 0.005 |
17 | 12101088 | 0.004 |
6 | 7769009 | 0.003 |
8 | 9600000 | 0.002 |
Price($) | Vol. | No. |
---|---|---|
0.007 | 12479301 | 19 |
0.008 | 7121890 | 11 |
0.009 | 3492332 | 6 |
0.010 | 9071833 | 11 |
0.011 | 3571818 | 3 |
Last trade - 11.35am 28/08/2024 (20 minute delay) ? |
Featured News
SRN (ASX) Chart |
The Watchlist
HAR
HARANGA RESOURCES LIMITED.
Peter Batten, MD
Peter Batten
MD
Previous Video
Next Video
SPONSORED BY The Market Online