If I was the broker underwriting this deal, I would be happy enough picking up the shares not sold at 58 cents in the retail entitlement, especially when I have issued a price target far above that level.
Indeed, I might even keep the price down a fraction under 58 cents, to discourage shareholders from exercising their entitlement at a higher-than-market price.
Unless we get news (is news even allowed when a raise hasn’t been completed?), maybe we are going to trade at these levels until the CR is done and dusted?
If I was the broker underwriting this deal, I would be happy...
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Last
$1.97 |
Change
-0.030(1.50%) |
Mkt cap ! $2.518B | |||
| Open | High | Low | Value | Volume |
| $2.01 | $2.05 | $1.95 | $9.179M | 4.610M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 56103 | $1.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.97 | 38438 | 29 |
View Market Depth
| Last trade - 15.58pm 27/06/2025 (20 minute delay) ? |
| SPR (ASX) Chart |