I won't be taking up my allocation, I personally have all I want to risk in SRN (small amount). But had a read.
Even if the PFS goes well, and the Saudi deal is on track - they needed cash desperately.
I also think, if they were expecting very good news and wanted to get them and mates more shares, this is a great way to do it. If you notice, the shortfall shares if not taken can be assigned. Not irregular, but sure is a nice way to hand out freebies.
Of course, if the PFS was bad, you'd also raise now. Though I expect PB would have been doing a lot more to pump, and would have raised earlier.
- Forums
- ASX - By Stock
- SRN
- Ann: Prospectus
Ann: Prospectus, page-5
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SRN (ASX) to my watchlist
|
|||||
Last
0.7¢ |
Change
0.001(16.7%) |
Mkt cap ! $13.90M |
Open | High | Low | Value | Volume |
0.7¢ | 0.7¢ | 0.7¢ | $2.77K | 395.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 2159097 | 0.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.7¢ | 7829119 | 18 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 2159097 | 0.006 |
38 | 23011369 | 0.005 |
18 | 12601088 | 0.004 |
7 | 11177517 | 0.003 |
7 | 8600000 | 0.002 |
Price($) | Vol. | No. |
---|---|---|
0.007 | 7829119 | 18 |
0.008 | 5492726 | 8 |
0.009 | 3729054 | 7 |
0.010 | 9935277 | 13 |
0.011 | 3571818 | 3 |
Last trade - 10.08am 09/09/2024 (20 minute delay) ? |
Featured News
SRN (ASX) Chart |