The $1.65 was a bit of a gift to shareholders - at the time at least. News is pending so it's unlikely to remain this low for long.
If it stays sub $1.65 undoubtedly the retail offer will fail. Meaning they try again later or they take on more debt. They already have about $460 million, anyone calling the wha-wha-whambulance is probably being a bit pessimistic.
Institions will be thrilled buying at these levels. Each tree shake yielding cheap shares from compliant bedwetters.
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Last
98.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.388B | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 961 | $1.04 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 94.0¢ | 64 | 1 |
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