Normally to keep it simple and straight forward, the offer should apply to anyone holding at time of expiry (but not in this case). Who knows what the intent was, it was very sloppy for an important financial announcement. Here's a recent example of how it's done, don't worry about the ratios just the dates:
Normally to keep it simple and straight forward, the offer...
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 (20min delay)
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Last
5.5¢ |
Change
-0.002(3.51%) |
Mkt cap ! $76.89M | |||
| Open | High | Low | Value | Volume |
| 5.9¢ | 6.0¢ | 5.4¢ | $63.17K | 1.101M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20255 | 5.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.6¢ | 185 | 1 |
View Market Depth
| Last trade - 11.35am 07/06/2024 (20 minute delay) ? |
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Last
5.5¢ |
Change
-0.002 ( 0.90 %) |
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| Open | High | Low | Volume | ||
| 5.6¢ | 5.6¢ | 5.5¢ | 194165 | ||
| Last updated 11.28am 07/06/2024 ? | |||||
| EUR (ASX) Chart |