If retail shareholders don't take up the offer in full then I imagine they might offer the shortfall to the investors that missed out on 20m shares placement (being oversubscribed)
Just my musings we will find out soon
Would explain the recent share price action imo
Ann: Lochinvar Coking Coal Project - 2017-18 Exploration Program, page-93
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.175M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $500 | 125.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 40 | 30039222 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 2586077 | 1 |
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| Last trade - 10.06am 19/07/2024 (20 minute delay) ? |
| NAE (ASX) Chart |