Not only this, buying into the placement injected more cash into EXM's purse for completing drilling works - If the directors had bought on the market all they would be doing is injecting cash into someone else's purse.
Issuing shares at a discount isn't exactly uncommon, MEO has just done it out of the blue too at a price that was 20% below the market rate.
Not only this, buying into the placement injected more cash into...
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Last
$3.35 |
Change
0.000(0.00%) |
Mkt cap ! $234.0M | |||
| Open | High | Low | Value | Volume |
| $3.33 | $3.38 | $3.33 | $655.4K | 195.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 21000 | $3.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.38 | 500 | 1 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| DSE (ASX) Chart |