No. Fab is correct. Prior to CR’s the share price is often manipulated higher so the VWAP is higher thus providing a higher discounted offer price for the raising. Companies want to raise as much coin as they can for as little dilution as possible.
Ann: Altech - Mezzanine Finance Proceeds to Next Stage, page-21
Add ATC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
3.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $63.66M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 389030 | 3.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.8¢ | 532357 | 4 |
View Market Depth
| Last trade - 09.59am 11/09/2024 (20 minute delay) ? |
| ATC (ASX) Chart |
Day chart unavailable