The warrants will run out this August 2019 share price is around warrant price been a lot lower so do not know why you would exercise before now best price was 0.65 July 2016, 0.48 April 2018 best since. ( D ) still not back with cost of that . Might be an idea to sell above 0.44 buy back cheaper if it goes higher have warrants until August .
The warrant price appears to be 44 c ( forwardloop ) 31 August 2016... 36 months ( 3 years ) this August you could buy for less up until now . sell what i have and use to buy @ 44 if move higher after .
This is how i came to obtain the Perseus shares ( D ) Had them somewhere else before .
Re: warrants Share price has risen to warrant price of late.Perseus did not ever obtain a London listing in the as mentioned in the post below 9thMay 16.
Re: warrants Left a message on another board we both use about these warrants hope you can throw some light on the them. ... Thanks.
warrants Does anyone understand the warrants and how they might be exercised (or sold if we already have them??) over what time period please? Not that now id a good time to exercise any!Under the terms of the Scheme, Scheme Shareholders on the register at the Scheme Record Time, being 6.00 p.m. (London time) on 15 April 2016 will receive 0.68 New Perseus Shares and 0.34 Warrants for each Scheme Share held, subject to rounding for fractional entitlements. Perseus has made applications to the ASX and TSX for the New Perseus Shares to be admitted to trading and such admission is expected to occur on 21 April 2016. It is expected that statements of entitlements will be despatched to Scheme Shareholders before 2 May 2016.OR T/O noticeUnder the terms of the Combination, Amara Shareholders will be entitled to receive: for every Amara Share: 0.68 New Perseus Shares and 0.34 Warrants · Each Warrant will entitle the holder to subscribe for one New Perseus Share at an exercise price of A$0.44 (representing a premium of approximately 24.1 per cent. to the 10 day VWAP of the Perseus Shares on the ASX as at the Last Practicable Date, and a 32.8 per cent. premium to the 20 day VWAP of the Perseus Shares) at any time during the 36 month period after their issue. The Warrants will be transferable but unlisted.
Re: perseus shares My Perseus shares are now being quoted by my broker, as part of my portfolio, on the TSE.
Re: perseus shares something going on with the perseus shares recently .Has there been a consolidation ?
Re: perseus shares So this is what my Broker TDW just replied :-"On the market your shares are currently traded on they have a zero value, however these shares continue to be traded on the Australian market.We are able to cross border your holding from the UK to the Australian market but there will be a custodian fee of £78.00 in order to transfer, this will then update your account with a value"Not sure where to go from here as £78 is about a half of the value of the Amara shares, so might have to right off!!I have asked them why I wasn't advised of this before the transfer occurred.
Re: Perseus shares that's 12 months. What about short term, when will that show a live price?
Re: perseus shares Good news re- uk listing... will they switch them back auto.
Re: perseus shares This is a message from my dealer:With regards to the corporate action for your Amara Mining shares, your Perseus DI??s will not show any value just now as we do not have a live price feed for this stock. Perseus are trying to obtain a UK listing for their shares in the next 12 months and if this is successful then you will see the share name and price within your account.
Re: perseus shares My HSBC account also shows the value as nought.
Re: Perseus shares value HSBC tell me that .68 of a share in Perseus had been credited to my InvestDirect account for every Amara share. But I can't find Perseus on iii!
I've been told it could take 6-8 weeks from 19th April. This is because the shares have to be recognised in a different stock exchange.