"Mmm ... Retail $4m out of $11m ... albeit fully underwritten."
Retail offering isn't to raise $ ... SPR can do that easily ... it is to forestall complaints about leaving out the small investors. Ideally you want less than 100% takeup so no one can complain later they weren't offered a fair go ... in this case while the offer was open holders could buy cheaper on the market so there can be literally no one who says I wanted more of those cheap shares and couldn't get them, even those who wanted more than 1:17.
"Mmm ... Retail $4m out of $11m ... albeit fully...
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Last
78.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $861.5M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | 85.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 76.0¢ | 10000 | 1 |
View Market Depth
| Last trade - 09.56am 30/05/2024 (20 minute delay) ? |
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Last
77.0¢ |
Change
0.000 ( 0.98 %) |
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| Open | High | Low | Volume | ||
| 76.0¢ | 77.0¢ | 76.0¢ | 38289 | ||
| Last updated 10.16am 30/05/2024 ? | |||||
| SPR (ASX) Chart |
Day chart unavailable