Yeah, assuming they exercise the options, they basically got issued shares at a 5c discount to the current share price. I like the fund and have a lot of faith in the fund manager but this wasn't a great result for existing shareholders. Good to have more funds to play with but they came at a decent discount.
Ann: Placement Completed - Significantly Oversubscribed, page-3
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Last
$1.23 |
Change
-0.020(1.61%) |
Mkt cap ! $214.2M | |||
| Open | High | Low | Value | Volume |
| $1.25 | $1.25 | $1.22 | $58.71K | 47.74K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 23026 | $1.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.24 | 32334 | 1 |
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| Last trade - 15.57pm 15/08/2024 (20 minute delay) ? |
| GVF (ASX) Chart |