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
$1.70 |
Change
0.000(0.00%) |
Mkt cap ! $289.7M |
Open | High | Low | Value | Volume |
$1.70 | $1.70 | $1.66 | $85.03K | 50.83K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 21581 | $1.66 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.70 | 4979 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 21581 | 1.660 |
1 | 20000 | 1.650 |
2 | 7700 | 1.640 |
1 | 6000 | 1.630 |
2 | 4461 | 1.625 |
Price($) | Vol. | No. |
---|---|---|
1.700 | 4979 | 4 |
1.720 | 1000 | 1 |
1.730 | 4899 | 2 |
1.750 | 2340 | 3 |
1.775 | 1328 | 1 |
Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
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