A lot depends on how juicy the fee is and how many options the underwriter picks up.... if it is many millions of shares then the underwriter might arbitrage the price and take a quick profit. Still better than a CR but it will create an overhang for a while.
Ann: Trading Halt, page-10
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Last
$1.34 |
Change
-0.030(2.19%) |
Mkt cap ! $3.211B | |||
| Open | High | Low | Value | Volume |
| $1.39 | $1.39 | $1.34 | $8.675M | 6.440M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 83628 | $1.34 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.34 | 63620 | 4 |
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| Last trade - 16.10pm 14/11/2024 (20 minute delay) ? |
| DEG (ASX) Chart |