I am going from top of my head so excuse me if I'm mistaken but if I recall correctly, the stock was actually below/around 36c at the time of the ANN. By the due date of payment it had nearly tripled.
I also recall PLS also massively fell from over $1 down to 40c fairly quickly, it's almost a carbon copy of cxo to be honest but CXO hasn't fallen nearly as far.
Ann: A$100m Institutional Placement, page-30
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Last
11.5¢ |
Change
-0.005(4.17%) |
Mkt cap ! $246.4M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 12.0¢ | 11.3¢ | $1.220M | 10.57M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 110 | 6252092 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 695532 | 1 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| CXO (ASX) Chart |