Retail offer is underwritten by Citi at $3.50 to the tune of $306m, offer closes this Wed and with the SP where it is, Citi and its sub underwriters will have close 18% of mkt cap looking for a long term home. So, it would appear the sp is going to struggle to stay above $3 for the next 3 months or so.
Value Destruction for vanity, page-18
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Last
$3.30 |
Change
-0.060(1.79%) |
Mkt cap ! $2.213B | |||
| Open | High | Low | Value | Volume |
| $3.36 | $3.40 | $3.30 | $3.995M | 1.205M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 28309 | $3.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.32 | 3500 | 1 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| IFL (ASX) Chart |