I disagree mscou1
current holders couldn’t go close to taking up $30 million in shares at 22
Hawkes Point haven’t participated I believe.
institutions simply aren’t interested in messy, time consuming retail rights issues
Retail rights issues also depress the stocks price for months as people bit trade for cents
Give the current management some credit … they have already proved they know what they are doing
if you want more shares, go buy on market
Ann: A$30m Placement to Advance Sand King Underground, page-10
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Last
40.0¢ |
Change
0.010(2.56%) |
Mkt cap ! $743.7M | |||
| Open | High | Low | Value | Volume |
| 40.0¢ | 41.0¢ | 39.5¢ | $572.3K | 1.417M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 72533 | 39.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 41.0¢ | 30230 | 1 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| OBM (ASX) Chart |