Looking at the shares distribution today... All I can say is underwriters are distributing the shortfalls in to the secondary market. Typical and so predictable.
They can even dump at 1.5c to get the outlay capital at no cost...
Underwriters are distributing shortfall shares...
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Last
10.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $318.4M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.5¢ | 10.0¢ | $944.1K | 9.367M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 66 | 5981759 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 4958257 | 33 |
View Market Depth
| Last trade - 16.10pm 02/07/2024 (20 minute delay) ? |
| PEN (ASX) Chart |