Where do people come up with some of these misrepresentations?
1. So both entitlement offers are fully underwritten and sub underwritten.
2. The key commercial terms of the underwriters agreement are contained within 4.19 of the Retail Offer Booklet.
3. 4.19 confirms both offers are fully underwritten.
4. 4.19 states under the agreement syrah made various reps and warranties [as is standard].
5. Within 4.19 there are circumstances where the underwriter may terminate the agreement, mostly relating to a breach of reps [if the underwriter had the ability to change the issue price, underwriting would become pointless and lose value].
6. There is only one point related to price. This refers to close of trading on any trading date prior to the date on which settlement occurs.
7. However, importantly this relates to the S&P as opposed to Syrah price.
8. Specifically if the S&P/ASX 200 Index is 15% or more below its level as at the close of trading on Tuesday 18 June, 2019 this may allow the underwriter to terminate the agreement.
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Last
49.5¢ |
Change
0.005(1.02%) |
Mkt cap ! $405.6M |
Open | High | Low | Value | Volume |
50.5¢ | 50.8¢ | 49.5¢ | $2.472M | 4.945M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
14 | 187779 | 49.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
50.0¢ | 20000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
14 | 187779 | 0.495 |
18 | 360682 | 0.490 |
19 | 241599 | 0.485 |
26 | 244350 | 0.480 |
9 | 86084 | 0.475 |
Price($) | Vol. | No. |
---|---|---|
0.500 | 20000 | 1 |
0.505 | 80000 | 3 |
0.510 | 111676 | 3 |
0.515 | 103100 | 5 |
0.520 | 176894 | 8 |
Last trade - 16.10pm 28/03/2024 (20 minute delay) ? |
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Last
49.8¢ |
  |
Change
0.005 ( 1.30 %) |
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Open | High | Low | Volume | ||
50.3¢ | 51.0¢ | 49.5¢ | 1246024 | ||
Last updated 15.59pm 28/03/2024 ? |
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