Very unlikely. Can't think of any example where that has happened. They can get it cheap enough after a discovery with pre-emptive rights.
Most likely a relationship with broker mates. Brokers just love deals where they can get extra value for nothing plus cash to facilitate the transaction.
Ann: Trading Halt, page-58
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Last
1.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $138.2M | |||
| Open | High | Low | Value | Volume |
| 1.7¢ | 1.8¢ | 1.7¢ | $193.6K | 11.31M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 16761832 | 1.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.7¢ | 2040000 | 2 |
View Market Depth
| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| PCL (ASX) Chart |