My read of this is that there are lots of disgruntled shareholders on the books (not taking up their rights), but sufficient interest among the less disgruntled for the shortfall to be oversubscribed. Overall I read this as a positive signal. I myself subscribed for some shortfall shares. These people have had some disappointing drill results, but I think they work harder than many on keeping the wheels turning.
Ann: Renounceable Rights Issue Closes Heavily Oversubscribed, page-2
Add PDI (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
19.5¢ |
Change
0.005(2.63%) |
Mkt cap ! $445.9M | |||
| Open | High | Low | Value | Volume |
| 19.0¢ | 20.0¢ | 19.0¢ | $60.91K | 311.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 195393 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 493022 | 16 |
View Market Depth
| Last trade - 12.36pm 11/07/2024 (20 minute delay) ? |
| PDI (ASX) Chart |