Only $30m raised from institutions. Unless barrenjoey can keep the price well above $1.85 they are going to struggle to get retail investors to stump up the other $30m. Looks like there will be a big overhang and the price will languish for a while. I hadn’t realised retail owned so much of the company.
Ann: Completion of institutional component of equity raising, page-3
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Last
$1.55 |
Change
0.050(3.33%) |
Mkt cap ! $345.7M | |||
| Open | High | Low | Value | Volume |
| $1.54 | $1.60 | $1.46 | $32.96M | 21.40M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 110249 | $1.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.56 | 74197 | 4 |
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| APX (ASX) Chart |