Totally agree. We should have had an equal percentage with the institutions. Also, the institutions have received their shares since 6 April and they are doing a very good job in keeping the lid on the SP. Have they been promised a chunk of the shortfall maybe? It is very unclear what the company intends to do with this shortfall. Very bald statement: "The Company reserves the right to place any shortfall shares at their discretion".
As far as I understand retail investors do not have the right to get any extra shares from the shortfall.
Ann: Entitlement Offer Closing Date reminder, page-15
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Last
55.0¢ |
Change
-0.025(4.35%) |
Mkt cap ! $99.72M | |||
| Open | High | Low | Value | Volume |
| 56.5¢ | 57.5¢ | 54.5¢ | $265.7K | 478.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 37090 | 55.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 57.5¢ | 10000 | 1 |
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| Last trade - 16.10pm 18/09/2024 (20 minute delay) ? |
| ASM (ASX) Chart |