Yeah, lost faith in management. Not sure how they can call this successful when an already failing share price is going to get trashed on open.
No wonder this was over subscribed, they were practically throwing the shares away. If they only wanted $35mill and there was so much demand then they should have done it at a 5% discount maximum.
Heres what I’m betting. They’ll offer shares to us at some stage at a much higher price if they ever get their act together to “appease” disgruntled shareholders.
Ann: Successful Completion of $47M Share Placement, page-9
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Last
47.0¢ |
Change
0.010(2.17%) |
Mkt cap ! $233.4M | |||
| Open | High | Low | Value | Volume |
| 45.0¢ | 47.5¢ | 45.0¢ | $206.0K | 447.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 5000 | 45.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 47.0¢ | 2880 | 1 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| CTM (ASX) Chart |