AXE archer materials limited

Ann: Share Purchase Plan results, page-41

  1. 239 Posts.
    lightbulb Created with Sketch. 39
    I think I see a pattern in the scale-back.

    My woman applied for $30k; I applied for $5k.

    We both received ~1314 shares.

    Although we applied for vastly different amounts, the common factor in our applications was that we applied only about 1 day before the SPP closed.

    From this I deduce that:

    - a proportional scale-back was applied in the early period before the 18/10/21 announcement 'Share Purchase Plan to close early'; and

    - a flat scale-back (to 1314 shares) was applied to those who held off until after the 18/10/21 announcement 'Share Purchase Plan to close early'.

    Note, however, that I may be wrong. (I was wrong once before . . . allegedly.)

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
23.0¢
Change
0.000(0.00%)
Mkt cap ! $58.61M
Open High Low Value Volume
22.5¢ 24.0¢ 22.5¢ $89.25K 387.4K

Buyers (Bids)

No. Vol. Price($)
4 104441 23.0¢
 

Sellers (Offers)

Price($) Vol. No.
23.5¢ 56023 2
View Market Depth
Last trade - 16.10pm 27/06/2025 (20 minute delay) ?
AXE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.