I figure BGL will receive $40M in applications for the $20M.
I expect the scale back will be between 50% and no scale back at all.
If a proportional 50% scale back is applied, then we each get about half our requested number of BGL.
I assume 3,501 shareholders is still a roughly current figure.
My estimate is 60% apply with an average of $20K per applicant.
Maybe BGL have the option to take the full $40M? Then we all get all the BGL we applied for and no scale back. This situation just happened with ERM - $2.4M received for $1M and the full $2.4M was accepted by way of ERMs capacity to increase the ERM offering under the SPP.
GLTAH
- we are on a winner here. Sprott has $1.6M in BGL.
Great grades and tonnage ~ 2.2Moz @ 11g/t resource to grow toward 3Moz in 2021
https://www.marketindex.com.au/asx/bgl
Holding Size 1 - 1,000 1,001 - 5,000 5,001 - 10,000 10,001 - 100,000 100,001 and over Total Shareholders No. of Shareholders 526 848 517 1,278 332 3,501
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Last
$1.86 |
Change
0.020(1.09%) |
Mkt cap ! $2.183B |
Open | High | Low | Value | Volume |
$1.83 | $1.87 | $1.81 | $17.46M | 9.485M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 98417 | $1.86 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.86 | 19256 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 54269 | 1.855 |
8 | 88301 | 1.850 |
3 | 51480 | 1.845 |
4 | 93330 | 1.840 |
2 | 55201 | 1.835 |
Price($) | Vol. | No. |
---|---|---|
1.865 | 7046 | 1 |
1.870 | 15828 | 3 |
1.875 | 32150 | 3 |
1.880 | 35543 | 4 |
1.885 | 31480 | 3 |
Last trade - 16.10pm 20/06/2024 (20 minute delay) ? |
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