It means instos made a grand move... I would give a big bonus for the guys at Bank of America and King & Wood
Mallesons. It was a great job.
The underwriter and sub-underwriters could not be happier to take all the short fall shares46 million shares, so they don't even have to buy on the market and move the needle.
They smashed the shareprice and raise at discount... and scared retail investors didn't step up to buy it. The saddest part is that many retail sell low, intead of buying at the low and are going to miss the bounce.
Good for me who could buy low... let's see.
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Last
$4.39 |
Change
-0.100(2.23%) |
Mkt cap ! $3.316B | |||
| Open | High | Low | Value | Volume |
| $4.47 | $4.53 | $4.37 | $16.81M | 3.793M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 51252 | $4.36 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.39 | 7201 | 1 |
View Market Depth
| Last trade - 16.17pm 27/06/2025 (20 minute delay) ? |
| RRL (ASX) Chart |