Telsor,
What you say in para 2 is possible however it's in KAR's interest to have a high sp to command a higher take up and also when the sp falls to around the previous call figure those instos that invested then may have second thoughts about further investment. A low sp may require more shares allotted to raise the necessary capital.
just so hard to understand, page-7
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Last
$1.75 |
Change
-0.020(1.13%) |
Mkt cap ! $1.405B | |||
| Open | High | Low | Value | Volume |
| $1.78 | $1.79 | $1.74 | $5.751M | 3.281M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | $1.74 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.75 | 7996 | 1 |
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| Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
| KAR (ASX) Chart |