They can't control whether or not it was oversubscribed.
They had an individual limit of $30,000 and it was only open to current holders. They probably felt it was fairer just to give all holders their full allocation rather than scale back.
What exactly is desperate?
Ann: Completion of Share Purchase Plan, page-27
Add ZIP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.72 |
Change
-0.040(2.27%) |
Mkt cap ! $1.937B | |||
| Open | High | Low | Value | Volume |
| $1.80 | $1.83 | $1.70 | $26.91M | 15.42M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5000 | $1.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.73 | 15000 | 2 |
View Market Depth
| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |