Presumably the theory might be that acquisition will increase revenues and therefore overall valuation.
Also, Instos that bought in during the placement may not have acquired as much as they would have liked and may need to top up to meet their internal allocations.
Both just guesses
Ann: NRW successfully completes $120M Placement, page-3
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Last
$3.36 |
Change
-0.010(0.30%) |
Mkt cap ! $1.529B | |||
| Open | High | Low | Value | Volume |
| $3.37 | $3.40 | $3.33 | $3.394M | 1.007M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 11045 | $3.36 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.38 | 4370 | 2 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| NWH (ASX) Chart |