I think you might be on to something.
Looks like they only took what they needed, saving dilution. This can be read as a short term positive. At least, with so much ramping up that is how I am reading it.
Also they closed the gap, intentionally or unintentionally, which is another positive.Buying on market at a discount is a good opportunity.
Ann: A$15M Placement completed and Entitlement Offer Undertaken, page-23
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Last
95.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $172.0M | |||
| Open | High | Low | Value | Volume |
| 95.5¢ | 96.0¢ | 95.0¢ | $172.7K | 181.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 68220 | 95.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 95.5¢ | 18481 | 10 |
View Market Depth
| Last trade - 12.13pm 06/06/2024 (20 minute delay) ? |
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Last
95.0¢ |
Change
0.000 ( 0.02 %) |
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| Open | High | Low | Volume | ||
| 95.0¢ | 95.5¢ | 95.0¢ | 8639 | ||
| Last updated 12.13pm 06/06/2024 ? | |||||
| ASM (ASX) Chart |