I suggest you read the Prospectus. The directors cannot pick and choose who gets the Loyalty Options for being loyal.
All you need to do is own the share by the Record Date.
What I'm interested in is what happens the day this trades "ex New Options" on Thursday the 5th September.
On the 4th there are 428.8m shares
On the 5th there will be 482.4m shares (428.8m + 53.6 Loyalty Options)
That's dilution of 12.5%.... so my guess is that we are looking at a drop of around 5-6c
This means I'll only be buying on Sept 4th to receive my Loyalty Options (to sell on Sept 5th) if I can get in around 40c....
Otherwise happy to wait in the queue around 20c with my buys
I suggest you read the Prospectus. The directors cannot pick and...
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Last
37.5¢ |
Change
0.010(2.74%) |
Mkt cap ! $162.9M | |||
| Open | High | Low | Value | Volume |
| 36.5¢ | 38.5¢ | 36.5¢ | $137.0K | 364.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 163433 | 37.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.5¢ | 698 | 8 |
View Market Depth
| Last trade - 15.19pm 07/10/2024 (20 minute delay) ? |
| TLG (ASX) Chart |