RE: Strong close ..top up๐26 Apr 2025 14:55
So how do you read this,
Further to the Company's announcement on 24 March 2025, the Board of Caledonian Holdings, the AIM-quoted investing company, announces that the Broker Option has now closed. The Broker Option has raised ยฃ112,500 at the Issue Price of 0.0025p per share through the issue of 4,500,000,000 new Ordinary Shares ("Broker Option Shares"). In addition, recipients of Broker Option Shares have been granted one warrant for every two Broker Option Shares subscribed for, exercisable at a price of 0.0075p per warrant (the "Broker Option Warrants"), resulting in the issue of 2,250,000,000 Broker Option Warrants. The Broker Option Warrants are on the same terms as the Warrants issued pursuant to the Fundraising, as detailed in the Company's announcement of 4 March 2025.
I read it as all placees who bought @ 0.0025 will receive a warrant for every 2 bought,
It sounds like you are saying,
Every placee who participated in placing has option to buy @ 0.0075.
I'm saying its free,
Your saying its payable.
CONFUSED. COM.