TAM 0.00% 2.8¢ tanami gold nl

Ann: Entitlements Issue Prospectus , page-9

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  1. 317 Posts.
    lightbulb Created with Sketch. 24
    Hi,
    I'm new here. Unfortunately I bought into this dog recently. Not happy that they have a "Bonanza" only days before devaluing share holders by approx 50%!!

    Anyway, can someone explain the option to "sell rights on the ASX?" How does this work?
    Does it mean that share holders sell their allotment and then receive payment for anything over 20 cents?

    Not sure why, but I feel this whole thing needs to be well thought out to avoid being totally fleeced....
 
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Last
2.8¢
Change
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Mkt cap ! $37.60M
Open High Low Value Volume
2.9¢ 2.9¢ 2.8¢ $40.13K 1.422M

Buyers (Bids)

No. Vol. Price($)
4 1052557 2.8¢
 

Sellers (Offers)

Price($) Vol. No.
2.9¢ 500000 1
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