The indicative timetable in the statement says that the shares in the institutional offer aren't available to trade until Sept 18 so the Cannacord allocation isn't part of the on market trade so far. The high volume may in some part include shares that are being day traded over and over rather than 145m sold only once.
Ann: Completion of Placement and Institutional Entitlement Offer, page-4
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Last
6.0¢ |
Change
-0.002(3.23%) |
Mkt cap ! $286.9M | |||
| Open | High | Low | Value | Volume |
| 6.0¢ | 6.1¢ | 5.9¢ | $306.6K | 5.091M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 310000 | 5.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.0¢ | 457070 | 1 |
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| Last trade - 16.10pm 06/11/2024 (20 minute delay) ? |
| AMA (ASX) Chart |