I never saw the contract, legally speaking, if the contract was pursuant to some silver price metric. I.E, "we agree to the settlement of X with an additional X% correlated to the spot silver price".
Not a lawyer just do a lot of deals and there are always rubbish clauses in contracts like this.... basically a safe guard against the 3rd rule of contracts.
1- offer
2-acceptance
3- understanding
if the understanding of the deal has change due to the context with which the deal was made, i.e silver price.
this is PURELY SPECULATION and I have no knowledge of any such event occurring.
I never saw the contract, legally speaking, if the contract was...
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Last
10.0¢ |
Change
0.004(4.17%) |
Mkt cap ! $150.8M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.5¢ | 9.7¢ | $1.094M | 10.98M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 243186 | 9.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.0¢ | 21680 | 2 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| SVL (ASX) Chart |