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5.0¢ great boulder resources limited

Ann: GBR Entitlement Offer Prospectus, page-20

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dmurphydrtc

426 Posts.

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13/04/23

13:52

Post #: 67256752
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Originally posted by Von Rico: ↑

Depends why you are asking. In terms of ability to subscribe for overs, some holders will not take up their allocations for various reasons which means there will be some availability for those who want to subscribe for more than their allocated share.

If you are asking whether they will meet their target I would say most definitely, considering $2,500,000 is already underwritten, so they only need to place $1,000,000, or 12.1 million shares as a worst case.

In a best case scenario, if they were to release results and the price were to move up from the issue price then we would most likely be well oversubscribed if we include overs. There are always some holders who do not take up rights, that is normal.

GBR are inviting shareholders to take up an additional 42 million shares and current weakness is probably due to some holders cashing in a part of their holdings to raise the cash to take up the placement.

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Von,

I have taken up my entitlement but was wondering if i apply for the shortfall shares any idea how long i have to wait for the monies to be returned if i'm not successful with the shortfall allocation? Thanks in advance

GBR Price at posting: 9.6¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 5.0¢		Change 0.000(0.00%)		Mkt cap ! $30.32M

Open	High	Low	Value	Volume
4.8¢	5.0¢	4.8¢	$1.11K	22.99K

Buyers (Bids)

No.	Vol.	Price($)
1	226000	4.9¢

Sellers (Offers)

Price($)	Vol.	No.
5.0¢	1	1

View Market Depth

No.	Vol.	Price($)
1	226000	0.049
2	134881	0.048
1	21522	0.046
1	15000	0.045
2	470000	0.044

Price($)	Vol.	No.
0.050	1	1
0.052	78783	1
0.053	28803	1
0.054	251612	2
0.056	109092	1

Last trade - 12.19pm 30/07/2024 (20 minute delay)

GBR (ASX) Chart

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