T3D 0.00% 1.5¢ 333d limited

Don't mean to be rude, but if you don't understand should you...

  1. 533 Posts.
    lightbulb Created with Sketch. 1
    Don't mean to be rude, but if you don't understand should you really get involved?

    currently there is a sh*tload of dirt cheap shares and the new company doesn't like having that many shares.

    "2. The final capital structure based on a share price of $0.003 immediately prior to the issuance of the Notice of Meeting. The reconstruction ratio is one share for every 60 held. "

    At the time when the new company and ozb made the agreement (prior to the ann and sp spike) the vwap was probably about 0.003 so that was the figure used, but here is the important part:

    "(iii) The reconstruction ratio may change dependent on the Oz Brewing share price at the issuance date of the Notice of Meeting. "

    if we push the price up prior to that meeting then we get a better ratio.
 
watchlist Created with Sketch. Add T3D (ASX) to my watchlist
(20min delay)
Last
1.5¢
Change
0.000(0.00%)
Mkt cap ! $597.2K
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 50000 1.0¢
 

Sellers (Offers)

Price($) Vol. No.
1.1¢ 6666 1
View Market Depth
Last trade - 12.07pm 04/12/2024 (20 minute delay) ?
T3D (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.