As it is very unlikely that many people are going to take up their entitlement (why would you if you can buy on the market cheaper), the underwriter need to take all of the shares. Are they likely to want to sell them as quickly as possible keeping the share price down until they have recouped their investment?
As it is very unlikely that many people are going to take up...
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Last
87.0¢ |
Change
-0.015(1.69%) |
Mkt cap ! $245.8M | |||
| Open | High | Low | Value | Volume |
| 89.0¢ | 91.0¢ | 83.5¢ | $180.3K | 208.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 630 | 85.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 87.0¢ | 403 | 1 |
View Market Depth
| Last trade - 16.10pm 22/08/2024 (20 minute delay) ? |
| OBL (ASX) Chart |