Apologies. You are correct regarding the discount. a 26.82% discount.
My thoughts...
If a company needs quick funds so close to initial listing (January) - RED FLAG.
If they do s Soph offer at more than 10% discount - RED FLAG.
Not being transparent in nature/intent of capital raise (they say it was a sophisticated offer - usually done across a broker's client base - yet cornerstone investors somehow got significant stock???) - RED FLAG.
That was not a rant! Haha
Dump Bubs, page-27
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Last
13.0¢ |
Change
-0.005(3.70%) |
Mkt cap ! $116.1M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.5¢ | 13.0¢ | $16.51K | 126.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 25 | 1352221 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 412557 | 7 |
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| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| BUB (ASX) Chart |