I think that 5 cents for the new issue is too greedy. Company has the cheek to say that the new issue is a reward to shareholders. On a consistently falling share price! Could backfire. Directors should have done what Biota (BTA) did - set a price low enough to ensure that the issue is oversubscribed.
5 cents is too greedy
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Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.771M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3092095 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 1292477 | 5 |
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| Last trade - 16.12pm 08/11/2024 (20 minute delay) ? |
| BLZ (ASX) Chart |
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