re: 2p I don't think you need worry about the listing price. It ALL went to institutional investors. Cunning way to let the serious capital boys in on the ground floor and make plenty of money. Keeps them lined up for other cap raisings for the other projects a few months off.
What you need concern yourselves with is what it closes at on the first day of trading, not the listing price. I'm tipping 4-5p.
You can bet they will be making a few juicy ann. before the 21st of March and the Australian broker road show should lift the game here as well.
2c, page-11
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Last
42.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $88.74M | |||
| Open | High | Low | Value | Volume |
| 42.0¢ | 42.5¢ | 42.0¢ | $7.477K | 17.64K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 306 | 42.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.5¢ | 18939 | 1 |
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