By my reading, they hoped to raise $200M from placement to Instutions, which they did. And Instos also took $294M of the $450M Entitlement offer. So they've got $494M of their $650M
That only leaves us plebs with ~$156M (57.8M shared) to play with in the entitlement offer.
The Instos definitely took their fair share in my opinion.
Undersubscribed by INSTO, page-8
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Last
$1.76 |
Change
-0.020(1.13%) |
Mkt cap ! $1.325B | |||
| Open | High | Low | Value | Volume |
| $1.73 | $1.77 | $1.72 | $5.032M | 2.882M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9999 | $1.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.76 | 11781 | 3 |
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| Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
| RRL (ASX) Chart |