Spot on. Particularly given the institutional investor side of the cap raise was oversubscribed.
If retail buys on market and the insto's take up the cap raise gap (should there be one), then a floor might be put under the price on market while also achieving the cap raise.
Nothing wrong with self interest driving you to pay the lowest price available to you.
Ann: Information For Retail Shareholders, page-205
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Last
$1.15 |
Change
0.045(4.07%) |
Mkt cap ! $1.313B | |||
| Open | High | Low | Value | Volume |
| $1.08 | $1.16 | $1.08 | $4.681M | 4.170M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 99680 | $1.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.16 | 31000 | 2 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| MSB (ASX) Chart |