I don't believe it works quite like that - they send you out an application for allocation - you put down how many you are willing to buy and if they then need to cut back because of over subscription - then they may look at the amount of holding shares in ADN - don't be concerned all will be revealed in due course! But I do believe that once the new company has been floated, there will be a free allocation of shares to existing shareholders of ADN based on your shareholding in ADN - this is a smart way of making sure ADN shares are not dumped after the new float - and ofcourse because ADN does no longer hold the uranium tenaments it will be trading at a lower share price - thus this free allocation of shares in the uranium float is as I see it a "compensation" tactic.
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Last
1.7¢ |
Change
-0.003(15.0%) |
Mkt cap ! $52.87M |
Open | High | Low | Value | Volume |
1.9¢ | 1.9¢ | 1.6¢ | $495.0K | 28.42M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
30 | 7890786 | 1.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.7¢ | 229998 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
30 | 7890786 | 0.016 |
30 | 6766348 | 0.015 |
7 | 3657744 | 0.014 |
4 | 1608923 | 0.013 |
5 | 1785166 | 0.012 |
Price($) | Vol. | No. |
---|---|---|
0.017 | 229998 | 2 |
0.018 | 299999 | 2 |
0.019 | 1207000 | 5 |
0.020 | 2950031 | 13 |
0.021 | 1572715 | 12 |
Last trade - 16.10pm 06/08/2024 (20 minute delay) ? |
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ADN (ASX) Chart |