IMO they are trying to desperately stop the share price falling to 7 cents or lower. They are in the middle of a capital raising and a share price at the cap price would be a disaster. Why take up the offer when you can buy full shares at or below the current offer price without restriction.
IMO they are trying to desperately stop the share price falling...
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Last
$15.25 |
Change
-0.250(1.61%) |
Mkt cap ! $322.3M | |||
| Open | High | Low | Value | Volume |
| $15.50 | $15.50 | $14.80 | $140.4K | 9.315K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 297 | $15.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.25 | 1300 | 2 |
View Market Depth
| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| AVR (ASX) Chart |