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91.0¢ fat prophets global contrarian fund ltd

Ann: ASX Notice, page-17

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4,783 Posts.

148

13/03/18

10:10

Post #: 31706386
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Originally posted by lordsmasher ↑

They confirmed today that its the shares held on the vesting date (22nd March 2018) that determine the amount of option you received, to a maximum of shares subscribed to in the IPO.

From email:
"It is worth highlighting that any initial IPO investors who may have sold part or all their IPO stock will still be eligible to receive their loyalty options if they hold shares on the vesting date. For example, the initial investor with 10,000 shares who may have sold 5,000 of their shares will be entitled to 5,000 options on 22 March if they make no further sales or purchases. If the increase their holding back to their initial IPO investment of 10,000 shares by the vesting date they will be entitled to 10,000 options. If they increased their investment to 15,000 shares at the vesting, they would still only be eligible to receive 10,000 options, being the 1 for 1 rights based on the stock they acquired in the IPO."

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It is just too hard for share registries to track and prove. So the companies can do this. Which makes good sense. Might be some good price action here next few days. Short term window to make a few cents in and out

FPC Price at posting: $1.10 Sentiment: None Disclosure: Not Held
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(20min delay)
Last 91.0¢		Change 0.000(0.00%)		Mkt cap ! $24.32M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
1	1762	91.0¢

Sellers (Offers)

Price($)	Vol.	No.
92.5¢	6724	2

View Market Depth

No.	Vol.	Price($)
1	448	0.805
1	8968	0.795
1	15000	0.790
1	1275	0.785
1	21000	0.780

Price($)	Vol.	No.
0.850	20000	1
0.875	15108	1
0.900	29500	2
0.945	1200	1
0.990	40230	3

Last trade - 11.30am 04/12/2024 (20 minute delay)

FPC (ASX) Chart

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