I can't see any reason why placement shares can't be used to close out a short position. They rank equally when issued. They were issued to brokers and instos, the same likely entities that shorted the stock.
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Last
2.2¢ |
Change
-0.002(8.33%) |
Mkt cap ! $17.14M | |||
| Open | High | Low | Value | Volume |
| 2.5¢ | 2.5¢ | 2.2¢ | $61.63K | 2.748M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 1143285 | 2.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.3¢ | 730379 | 5 |
View Market Depth
| Last trade - 14.06pm 14/07/2025 (20 minute delay) ? |
| BRU (ASX) Chart |