There is no question in my mind that the Pattos fomula used on the SPP for both AUZ and AVZ did favour the 708,s over the Mums and Dads - The bigger question is the mums and dads chucked in $5m and it appears the Sophs didnt partake.
Extrapolation = so even at 1.6c they dont see the reward V risk is compelling enough t0 partake - The 708,s get offered stock in placements every week only the bargains or ones where they can see a quick stag profit get taken up.
https://www.freshequities.com/
https://www.onmarket.com.au/
Ann: Quarterly Cashflow Report, page-40
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Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.18M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.8¢ | 0.8¢ | $25.02K | 3.200M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 42 | 22331734 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 404536 | 2 |
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| Last trade - 16.10pm 07/08/2024 (20 minute delay) ? |
| AUZ (ASX) Chart |