Not sure what world you live in but 5% is actually below the 6% normal fee, hence why the options were given instead and this shows confidence from the broker that the price will get above 44c in the first place.
How else do you think the corporate world works? on Oreos and Gummy Bears?
Ann: $5 Million Placement to Accelerate Fraser Range Exploration, page-7
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Last
21.0¢ |
Change
0.005(2.44%) |
Mkt cap ! $40.51M | |||
| Open | High | Low | Value | Volume |
| 20.5¢ | 21.0¢ | 20.5¢ | $7.586K | 36.31K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 67694 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 29000 | 2 |
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| Last trade - 10.11am 08/07/2024 (20 minute delay) ? |
| GAL (ASX) Chart |