Yes, that is normal. The directors are under great pressure from the underwriters to support the SP and therefore the CR to all possible extents.
I don't recall too many deep discount CRs that don't have a good news story, or two between announcement and subscriptions being closed off.
Standard operating procedure!
Yes, that is normal. The directors are under great pressure from...
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Last
0.5¢ |
Change
0.001(25.0%) |
Mkt cap ! $14.88M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.4¢ | $41.37K | 9.733M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 28 | 15920808 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 29092158 | 14 |
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| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
0.5¢ |
Change
0.001 ( 10.0 %) |
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| Open | High | Low | Volume | ||
| 0.5¢ | 0.5¢ | 0.5¢ | 560000 | ||
| Last updated 14.39pm 03/05/2024 ? | |||||
| OSL (ASX) Chart |