Agree that RED deal would have been far more logical. Think the issue is SBM needed the cash from the raise and only R. Finlayson could deliver it. Highly doubtful that the RED mgmt team could have gotten the backing GMD did on the cap raise.
Ann: Completion of Genesis' A$275 million conditional placement, page-7
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Last
23.5¢ |
Change
-0.005(2.08%) |
Mkt cap ! $192.2M | |||
| Open | High | Low | Value | Volume |
| 24.0¢ | 24.0¢ | 23.0¢ | $611.5K | 2.606M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 183526 | 23.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.0¢ | 871548 | 19 |
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| Last trade - 16.10pm 15/07/2024 (20 minute delay) ? |
| SBM (ASX) Chart |