The Instos and large holders will get diluted by this as they are limited to one allocation per entity. If anything, they will push the price high that last week to discourage people applying for the offer. The price of shares won't be known until after applications are made, which makes it a little risky.
BE
Ann: Share Purchase Plan, page-10
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Last
37.5¢ |
Change
-0.025(6.25%) |
Mkt cap ! $74.88M | |||
| Open | High | Low | Value | Volume |
| 39.5¢ | 40.0¢ | 37.5¢ | $50.49K | 129.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 14286 | 37.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.0¢ | 1729 | 1 |
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| ARL (ASX) Chart |