Thats why I wished Petra would look after the price. I imagine there are plenty of examples where the share price trades less than the entitlement offer, one example was the 1 in 5 offer for Alkane shares back in 2016, to which there was a shortfall. What we really need is for Petra to take part of their 3% and ensure the price remains at a healthy premium (i.e. 20% plus during the entitlement period).
ASM Chart Thread, page-648
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Last
61.5¢ |
Change
-0.050(7.52%) |
Mkt cap ! $111.5M | |||
| Open | High | Low | Value | Volume |
| 66.0¢ | 66.0¢ | 61.0¢ | $142.0K | 223.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 8064 | 61.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 64.0¢ | 20000 | 1 |
View Market Depth
| Last trade - 16.10pm 16/10/2024 (20 minute delay) ? |
| ASM (ASX) Chart |