According to the ASX announcement, eligible institutional investors took 86% of their entitlements. The institutional placement was fully subscribed and the eligible institutional investors that didn't take their entitlements, along with ineligible investors, had their entitlement shares placed with institutional investors. That is to say, the underwriter was left holding nothing.
Undersubscribed by INSTO, page-10
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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 |