Thanks. Hopefully its heavily oversubscribed and some of that interest turns into on-market buying.
I presume the $2m over-subscription option is contingent on the 10% placement capacity being approved at the AGM on 23 November (today).
$8m at 75c is 10.67m shares which would be 18.6% of the current 57.3m shares on issue.
Ann: Trading Halt, page-68
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Last
18.0¢ |
Change
-0.005(2.70%) |
Mkt cap ! $12.79M | |||
| Open | High | Low | Value | Volume |
| 18.5¢ | 19.0¢ | 17.5¢ | $114.1K | 630.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 21614 | 18.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 69994 | 2 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| TG6 (ASX) Chart |