It would have been difficult to underwrite while the price was underwater, much easier now. These CR's are a dilemma. The company needs money for payrolls etc but they allow investors to get aboard without paying the premium that on market buyers would entail. Here I am paying $8.50 or so and they get a fee ride at $8. I am not pleased but I understand the need. Let us hope that we don't have a single employee who isn't essential to keep afloat, and no "nice to haves"
Ann: Trading Halt, page-18
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Last
$17.00 |
Change
-0.350(2.02%) |
Mkt cap ! $327.3M | |||
| Open | High | Low | Value | Volume |
| $17.00 | $17.44 | $16.95 | $150.7K | 8.86K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 388 | $17.02 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.13 | 36 | 3 |
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| Last trade - 11.26am 19/07/2024 (20 minute delay) ? |
| AVR (ASX) Chart |