I am wondering if it is SIO or L1 who renegged. The issue price was $20 and closing price yesterday was $19.57 so whomever it was would have locked in an immediate paper loss of approx $144k. I just had a quick look at some info on SIO and they don't seem to be performing all that highly. I think they are also approaching their end of year so perhaps wanted to cut their losses. I can't see anyone else taking up the spare allocation until the share price moves a bit higher.
Ann: Update on Equity Raising, page-12
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Last
$12.15 |
Change
0.350(2.97%) |
Mkt cap ! $256.8M | |||
| Open | High | Low | Value | Volume |
| $11.80 | $12.15 | $11.21 | $376.0K | 32.22K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 139 | $12.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.15 | 830 | 1 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| AVR (ASX) Chart |