I think not. $30K is for share purchase plans only.
This situation isn't a share purchase plan; it's sub-underwriting.
With sub-underwriting, you have to make a binding commitment in advance, and without the protection of a prospectus.
That's why it's limited to institutions and sophs.
More info:
LInk: Sub-underwriting
Example: DXB had sub-underwriting for their latest issue.
IMO the fundamentally unfair aspect is that soph status depends only on assets and not on passing a financial knowledge test.
Since when does having assets make someone wiser?
Meanwhile, non-sophs are free to "invest" in foreign exchange contracts for difference which are advertised on the radio.
Go figure.
IMO, happy to be corrected etc.
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Last
$1.81 |
Change
0.005(0.28%) |
Mkt cap ! $307.3M |
Open | High | Low | Value | Volume |
$1.81 | $1.83 | $1.80 | $8.815K | 4.877K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10132 | $1.80 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.82 | 50 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10132 | 1.800 |
1 | 850 | 1.795 |
2 | 1134 | 1.790 |
4 | 6689 | 1.780 |
1 | 3914 | 1.775 |
Price($) | Vol. | No. |
---|---|---|
1.820 | 50 | 1 |
1.825 | 1185 | 1 |
1.830 | 2500 | 1 |
1.840 | 5497 | 2 |
1.845 | 2812 | 2 |
Last trade - 10.16am 28/06/2024 (20 minute delay) ? |
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