The institutional placement may well be to institutional short traders who have borrowed the stock and will then simply transfer them back to the original owners. So no need to sell on market.
Ann: MSB Launches Entitlement Offer and Placement, page-33
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Last
$1.21 |
Change
0.055(4.76%) |
Mkt cap ! $1.341B | |||
| Open | High | Low | Value | Volume |
| $1.15 | $1.22 | $1.15 | $5.293M | 4.488M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 69024 | $1.21 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.22 | 48693 | 7 |
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| Last trade - 14.29pm 23/07/2024 (20 minute delay) ? |
| MSB (ASX) Chart |