TLG 9.47% 52.0¢ talga group ltd

Talga entitlement offer question., page-4

  1. 138 Posts.
    lightbulb Created with Sketch. 1
    Thank you bilbar.

    So, come Nov 15 next year, TLGO shares become void or are they absorbed into TLG proper?

    I can see how they are using TLGO to raise more capital and it is all somewhat more clear to me now.

    If I do decide to covert TLGO to TLG am I paying plus 35c per share of what TLGO is trading at at that time, so today I would pay 51c (16+35) or is it 35c plus the issue price, in other words 50c (15 +35)?

    Thanks again!
 
watchlist Created with Sketch. Add TLG (ASX) to my watchlist
(20min delay)
Last
52.0¢
Change
0.045(9.47%)
Mkt cap ! $223.0M
Open High Low Value Volume
48.5¢ 52.0¢ 46.5¢ $488.9K 982.0K

Buyers (Bids)

No. Vol. Price($)
1 32262 50.0¢
 

Sellers (Offers)

Price($) Vol. No.
52.0¢ 24488 3
View Market Depth
Last trade - 16.10pm 13/11/2024 (20 minute delay) ?
TLG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.