FLC 1.03% 9.8¢ fluence corporation limited

Ann: Completion of Placement and Institutional Entitlement Offer, page-3

  1. 345 Posts.
    lightbulb Created with Sketch. 61
    Well, that is pretty weird. There are sufficient bids far above issue price of 8 cts, why aren't folks agressively selling into the bids? One can just arbritrage 2.5/3 cts.

    Perhaps not everybody understands the stock is currently trading ex the entitlement rights?

 
watchlist Created with Sketch. Add FLC (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.