Can't totally disagree with that lowering the share price for a period, however the amount they are raising in the SPP is very low comparably so would generally be oversubscribed and scaled right back. So those wanting to keep there same % holding may not sell out completely to take part in the SPP knowing they will only get partial allocation.
Ann: Trading Halt, page-131
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Last
13.5¢ |
Change
-0.005(3.57%) |
Mkt cap ! $66.00M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 14.3¢ | 13.5¢ | $209.5K | 1.508M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 521276 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 414577 | 2 |
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| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| GLN (ASX) Chart |