It's now painfully clear why we fell 15% 2 days ago...
Insiders got wind of the capital raising and jumped ship.
This could actually be a good outcome for the stock if the reason it has been punished so badly is because of the fears about its debt load.
The placement, although being dilutionary, may send a reversal signal as the debt fears have been aliviated.
trading halt ...., page-12
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Last
$9.72 |
Change
0.090(0.93%) |
Mkt cap ! $2.907B | |||
| Open | High | Low | Value | Volume |
| $9.94 | $10.07 | $9.69 | $34.89M | 3.537M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3453 | $9.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.73 | 4814 | 2 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| PDN (ASX) Chart |