AE23,
The most recent CR was done on these terms,
"The Issue Price represents a 18.2% discount to the closing price of A$0.0055 on 27 November 2023
and a 23.6% discount to the ASX VWAP for the ten trading days prior to 28 November 2023"
Possibly and indication.
The company(88e) will have a number in mind that they will want to raise, the brokers will also have a number in mind that they think they can sell, should the discount and/or sweetners meet the market. Those numbers are not always the same.
Bear in mind, these CR's are typically followed by a news release that can often result in a short term trade.
Just my thoughts.
Cheers
- Forums
- ASX - By Stock
- 88E
- Ann: Trading Halt
Ann: Trading Halt, page-11
-
- There are more pages in this discussion • 25 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add 88E (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.1¢ |
Change
-0.001(50.0%) |
Mkt cap ! $28.93M |
Open | High | Low | Value | Volume |
0.2¢ | 0.3¢ | 0.1¢ | $199.0K | 99.54M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
324 | 1147945493 | 0.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 601285123 | 228 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
312 | 1106650493 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 578121456 | 223 |
0.004 | 280497450 | 103 |
0.005 | 79605707 | 45 |
0.006 | 35694900 | 35 |
0.007 | 41743917 | 24 |
Last trade - 15.59pm 06/09/2024 (20 minute delay) ? |
Featured News
88E (ASX) Chart |