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0.5¢ inca minerals limited

Ann: Inca Offers Shareholders Rights Issue & Conducts Placement, page-81

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grubarura

5,514 Posts.

60

14/08/18

11:38

Post #: 34921401
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Originally posted by lumpsum ↑

Hi @QuietFrog

Basically it works as follows

You have 1,000,000 shares today

You are entitled to buy 1 for 10 in the CR with a free oppies for each one you buy. So you can buy 100,000 new shares at 0.005 for $500 and you will get 100,000 free options. So you now have 1,100,000 heads in total and 100,000 options. If/when the share price reaches 0.016 and assuming oppies are now worth 0.004 (ie 0.016 less exercise price 0.012) your portfolio is worth the following

Heads 1,100,000 @ 0.016 = $17,600
Oppies 100,000 @ 0.004 = $400
Total Portfolio is $18,000

If you spent the above $500 on market at 0.004 you would have bought 125,000 units so your total portfolio would now be 1,125,000 units. If/when the share price reaches 0.016 your portfolio is now worth the following

Head 1,125,000 @ 0.016 = $18,000
Oppies - you have none

So as you can see the break even point is 0.016. If the price is below this on market is better if the price is above this you are in front (given the assumptions are true). DYOR

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Or instead of paying $500 you pay $800 and buy yourself 200 000 @ 0.4

Then you will be ahead in any price above 0.4c

ICG Price at posting: 0.4¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

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(20min delay)
Last 0.5¢		Change 0.000(0.00%)		Mkt cap ! $4.066M

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

Buyers (Bids)

No.	Vol.	Price($)
5	3871494	0.5¢

Sellers (Offers)

Price($)	Vol.	No.
0.6¢	2455709	6

View Market Depth

No.	Vol.	Price($)
2	1670552	0.005
10	10230544	0.004
9	3776780	0.003
3	3199980	0.002
3	4799950	0.001

Price($)	Vol.	No.
0.006	1541940	4
0.007	1198850	3
0.008	2450320	5
0.009	1033282	3
0.010	1000000	2

Last trade - 16.12pm 07/11/2024 (20 minute delay)

ICG (ASX) Chart

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