I doubt that the prices will drop that low.
If they do, the prospects of a successful cap raising are not too good.
Surely the management recognised this and have some good news to announce before decision day. And therefore any prior on market purchases below the issue price might be considered bargains.
Ann: Renounceable Issue Prospectus , page-9
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Last
16.0¢ |
Change
-0.005(3.03%) |
Mkt cap ! $394.2M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 16.8¢ | 16.0¢ | $607.2K | 3.725M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 62 | 1730596 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 226915 | 8 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| ARU (ASX) Chart |