The cat seems to be well and truly out of the bag on 15.2 million shares at $1.65 to raise $25 million. It will all go to institutional investors - there does not appear to be any chance of an SPP for retail holders.
Still wondering how this was considered 'material'. I'm not a fan of limiting any raising to specific investors but I guess we have no choice in the matter, as usual.
Ann: Trading Halt, page-35
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Last
$3.05 |
Change
0.040(1.33%) |
Mkt cap ! $922.6M | |||
| Open | High | Low | Value | Volume |
| $3.07 | $3.08 | $3.03 | $1.269M | 415.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 30 | 14790 | $3.04 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.05 | 21157 | 42 |
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| Last trade - 15.13pm 11/07/2024 (20 minute delay) ? |
| NAN (ASX) Chart |