Perhaps the underwriting broker was buying shares during the period of the retail offering to maintain the price above the offer price and thereby induce mums and dads to take up the offer. Now this broker may be trying to offload the extra shares bought.
This broker may now be trying to keep the price at least 0.325 so that they still make a net profit when including their underwriting fee.
several positives due shortly, page-9
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Last
18.5¢ |
Change
-0.005(2.63%) |
Mkt cap ! $304.7M | |||
| Open | High | Low | Value | Volume |
| 19.0¢ | 19.0¢ | 18.5¢ | $26.30K | 139.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 58 | 1484568 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 662807 | 24 |
View Market Depth
| Last trade - 15.35pm 07/11/2024 (20 minute delay) ? |
| HZN (ASX) Chart |