" a significant proportion of these larger shareholders would have participated in the placement"
I think that's unlikely (but can't be sure). It would probably have been a few large institutions, plus management, 20 at most.
"I would be very surprised if the company allowed them to double dip and participate in the SPP. "
Their original holding would have permitted them to participate (and assuming they're all rational, they would have applied). The new shares would not have been eligible.
Ann: Completion of Capital Raise, page-78
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64.5¢ |
Change
-0.040(5.84%) |
Mkt cap ! $156.0M | |||
| Open | High | Low | Value | Volume |
| 65.0¢ | 66.0¢ | 63.0¢ | $199.2K | 311.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 45179 | 63.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 64.5¢ | 3954 | 1 |
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