Does anybody know if the placement was oversubscribed. I seem to recall somebody saying it was. If it was then no issue for any overhang. Rights is 60% of the size of placement. my guess is there will be 60-70 % take up. Over subscription by holders another 10%.The underwriters will take up the rest. The main issue was the way you could apply for extra shares but these were capped inline with rules laid out in the documentation. Thus my reason to buy on market as it allowed me more freedom with the amount and luckily it was a tad cheaper
Ann: Entitlement Offer closes 5pm today, page-42
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Last
48.5¢ |
Change
0.005(1.04%) |
Mkt cap ! $44.81M | |||
| Open | High | Low | Value | Volume |
| 48.5¢ | 48.5¢ | 48.5¢ | $10.11K | 20.85K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 99195 | 48.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.5¢ | 2000 | 1 |
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| Last trade - 11.19am 09/08/2024 (20 minute delay) ? |
| FAR (ASX) Chart |