One wonders what the institutional investors who took-up the AUD$20 million share placement at $0.193 were told about the future share price and what uncomfortable conversations have taken place since?
Unless I am missing something about how these things work.
Happy to have it explained to me.
Perhaps they were told that buying 103.6 million shares in one lump was not possible without driving the price up.
But, is that enough to qualify for "boy, have we got a deal for you?"
Ann: Share Purchase Plan Offer, page-32
-
- There are more pages in this discussion • 28 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add BRN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
17.3¢ |
Change
-0.003(1.43%) |
Mkt cap ! $337.9M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 18.0¢ | 16.8¢ | $934.1K | 5.455M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 38 | 483976 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 1262580 | 30 |
View Market Depth
| Last trade - 15.02pm 13/08/2024 (20 minute delay) ? |
| BRN (ASX) Chart |