These are existing institutional investors simply offsetting the dilution though, the reason why large institutional placements can be so bullish is that they bring on a substantial number of fresh institutional investors, who use the placement to get an initial position before accumulating many more shares on market.
OPT opening price post-CR, page-9
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Last
36.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $398.3M | |||
| Open | High | Low | Value | Volume |
| 36.5¢ | 38.5¢ | 35.5¢ | $685.8K | 1.856M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 61550 | 36.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.0¢ | 48038 | 9 |
View Market Depth
| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| OPT (ASX) Chart |