Hi Aleksander.
My reference here as "rubbish" is that the SPP allocation is so small, it is of very little use to us retail investors.
The big boys were offered $200m and the rest of us only $15m
72c price is an attractive offer, but with the size of the allocation any retail participation will be scaled back quite heavily making it a "rubbish" offer in reality.
Hope this clarifies my loose wording.
Ann: Successful Completion of A$200 Million Placement, page-52
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$11.79 |
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Mkt cap ! $3.526B | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 2 | 7128 | $11.79 |
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| Price($) | Vol. | No. |
|---|---|---|
| $11.85 | 5416 | 1 |
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