Correct me if I'm wrong I believe if the share price is under the issue price of 3.5 for 5 trading days the underwritter can walk.
Why would any one take up the offer given the share price is below the offer price?
Will be interesting to see how much of the offer gets taken up.
Could the issue fail?
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Last
2.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $32.40M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 171 | 2.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.5¢ | 228329 | 7 |
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| Last trade - 11.25am 18/09/2024 (20 minute delay) ? |
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