The placement and the institutional offer have already raised $66 million at $0.40 per share. The retail offer is only for $14 million and is fully underwritten. It does not matter whether retailers participate or not. I believe the share price has been suppressed well below the CR price, so retailers will not participate, and institutional investors will get all of them.
The placement and the institutional offer have already raised...
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Last
$1.06 |
Change
0.005(0.47%) |
Mkt cap ! $475.2M | |||
| Open | High | Low | Value | Volume |
| $1.05 | $1.07 | $1.05 | $159.7K | 151.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 16538 | $1.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.07 | 2886 | 1 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| BVS (ASX) Chart |