This is a surprise (or mistake?). The entire offer raised $85.1m. In a previous announcement, the manager scaled back applications, because they received 119% more than they were looking for. Yet, according to this announcement, AFI managed to get an allocation of 6,535,948 new shares or $20m worth?
As of December 31, 2024, AFI had only 8,728,000 MIR shares, therefore, their basic entitlement would be about 1,246,857 shares (8,728,000 ÷ 7). Even if AFI bought more MRI shares after December 31, I can't see how it could have been enough to merit the right to purchase 6,535,948 in the entitlement offer (would have triggered a substantial shareholder notice).
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- Ann: Notice of initial substantial holding from AFI
MIR
mirrabooka investments limited
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Ann: Notice of initial substantial holding from AFI, page-2
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Last
$3.35 |
Change
0.010(0.30%) |
Mkt cap ! $747.6M |
Open | High | Low | Value | Volume |
$3.35 | $3.37 | $3.34 | $72.05K | 21.46K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 9719 | $3.35 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.36 | 3859 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 9719 | 3.350 |
4 | 18455 | 3.340 |
1 | 725 | 3.330 |
2 | 4300 | 3.320 |
4 | 5143 | 3.310 |
Price($) | Vol. | No. |
---|---|---|
3.360 | 3859 | 5 |
3.370 | 23929 | 4 |
3.380 | 21849 | 3 |
3.390 | 22500 | 2 |
3.400 | 2500 | 1 |
Last trade - 11.52am 23/07/2025 (20 minute delay) ? |
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MIR (ASX) Chart |