Manfuzu,
You ask what this means:
"5.2 cents each upon receipt of first capitalisation of $1".
Well, my best answer is that its a conditional statement.
And it pertains to Victorian Coldry recieving its first sum of $1.5 million from Tincom.
When that is done, obviously, the ball will finally be rolling and it will trigger revaluation. Im no accountant, no broker and no analyst, but thats what i took the statement to mean - conditional, with a clear trigger in place.
Cheers
L
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Last
0.3¢ |
Change
-0.001(14.3%) |
Mkt cap ! $9.515M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $100 | 33.27K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 49 | 19062147 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 12731463 | 25 |
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| Last trade - 15.59pm 05/07/2024 (20 minute delay) ? |
| ECT (ASX) Chart |