I think they may be lucky to raise $30m at a 12% discount
Take a look at their register breakdown in the presentation….only 13% institutions.
If Gandel doesn’t participate, then either they some very large new instos or it may not close. Surely he does, or no insto will want to either
When it has been consistently falling from $11 to $2, many instos will be wary of trying to pick them bottom. Especially as their has been very limited guidance on costs and not too much in the way of customers
At these moments, having a register that is +50% insto is really important
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australian strategic materials limited
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I think they may be lucky to raise $30m at a 12% discountTake a...
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72.0¢ |
Change
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Mkt cap ! $145.6M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 1388 | 72.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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72.0¢ | 12801 | 1 |
View Market Depth
No. | Vol. | Price($) |
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1 | 1388 | 0.720 |
3 | 12763 | 0.710 |
1 | 35715 | 0.690 |
4 | 26004 | 0.680 |
1 | 7407 | 0.675 |
Price($) | Vol. | No. |
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0.720 | 12801 | 1 |
0.750 | 878 | 1 |
0.760 | 15000 | 1 |
0.765 | 32122 | 3 |
0.775 | 8000 | 1 |
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