I do not see why company management would want to decrease the share price before a cap raise unless the instos told them the price was too high.
That being said the price is likely to drop even further towards the discounted offer. Retail holders will get to buy at the discount price.
Ann: Acquisition to lift Mungari to Cornerstone Asset, page-33
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Last
$3.77 |
Change
0.060(1.62%) |
Mkt cap ! $7.486B | |||
| Open | High | Low | Value | Volume |
| $3.78 | $3.79 | $3.74 | $25.17M | 6.686M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4991 | $3.77 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.78 | 42978 | 7 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| EVN (ASX) Chart |