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0.4¢ surefire resources nl

SRN is a NL (No Liability) company structure. So the partly...

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webbj

4,636 Posts.

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22/10/18

11:26

Post #: 36208377
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Originally posted by Hingdog ↑

I thought with partly paids there was an obligation to pay the remainder i.e it's not an option, you must pay to convert them to fully paids? The Brisconnect partly paids for example where a whole lot of people punted on them under 1c for the leverage not realising they had a legal obligation to cough up the $1 per share to convert.

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SRN is a NL (No Liability) company structure. So the partly paids are optional payment only. There isn't an obligation on the holder.

The rights issue prospectus includes the information about optional conversion prices and dates.

SRN Price at posting: 0.9¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 0.4¢		Change 0.000(0.00%)		Mkt cap ! $11.91M

Open	High	Low	Value	Volume
0.4¢	0.4¢	0.4¢	$315	90K

Buyers (Bids)

No.	Vol.	Price($)
32	31722129	0.3¢

Sellers (Offers)

Price($)	Vol.	No.
0.4¢	15616790	14

View Market Depth

No.	Vol.	Price($)
4	2047202	0.006
37	22971369	0.005
18	12651088	0.004
6	9377517	0.003
7	8600000	0.002

Price($)	Vol.	No.
0.007	11505476	18
0.008	4214871	9
0.009	3608054	6
0.010	9379722	12
0.011	3571818	3

Last trade - 15.20pm 25/11/2024 (20 minute delay)

SRN (ASX) Chart

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