Oh I love heuristics, allow me another:
The Placement will involve the issue of xxx new fully paid ordinary shares (“Shares”) at an issue priceof A$2.05 per share, equal to the volume weighted average market price of the Company’s Shares on the
ASX during the 15 trading days up to and including 27 February 2024.
I think it's different for each company and its stage. and widely different products/industries.
I cant but help think that that retail investors might have grabbed share at a smaller discount - as demonstrated by 10% discount yesterday after the placement.
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Oh I love heuristics, allow me another:The Placement will...
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Last
90.0¢ |
Change
-0.030(3.23%) |
Mkt cap ! $111.3M |
Open | High | Low | Value | Volume |
93.0¢ | 93.0¢ | 88.0¢ | $298.2K | 331.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 88.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
90.0¢ | 14400 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 0.880 |
1 | 5700 | 0.875 |
1 | 7500 | 0.870 |
1 | 20001 | 0.860 |
3 | 18057 | 0.850 |
Price($) | Vol. | No. |
---|---|---|
0.900 | 14400 | 3 |
0.905 | 3276 | 1 |
0.910 | 3684 | 1 |
0.930 | 4453 | 1 |
0.950 | 57535 | 3 |
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