My take on this, not only did Westar and their clients take up the entire 14.6M share shortfall but also subscribed for the full additional 20M shares that was supposedly to be offset against the shortfall number.
They usually also release a top 20 or 50 shareholders and options list after an issue and I wonder why they haven't?
Westar would appear very keen on BNR, and let's face it this stock has so much to offer adjoining AOP 1.1M gold ounce reserve, ARN rubidium, lithium play, other great leases and a steady cashflow of gold royalties.
Now that this issue has all been ratified and bedded down let's see where the share price goes in next few weeks.
Ann: Results of Rights Issue and Placements, page-2
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Last
5.3¢ |
Change
0.004(8.16%) |
Mkt cap ! $15.56M | |||
| Open | High | Low | Value | Volume |
| 5.4¢ | 5.4¢ | 5.3¢ | $28.27K | 531.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 165408 | 4.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.3¢ | 48948 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
5.3¢ |
Change
0.004 ( 8.16 %) |
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| Open | High | Low | Volume | ||
| 5.3¢ | 5.3¢ | 5.3¢ | 44893 | ||
| Last updated 15.17pm 03/05/2024 ? | |||||
| BNR (ASX) Chart |