Hi fellow holders. Have I read this announcement correctly?
The underwriting has picked up $465,505.02 worth of shares in the $2million entitlement offer. That is nearly 1/4 of the entitlement offer yet shareholders have not been given their full subscription if they subscribed for "overs" as AUZ puts it. I assume this by AUZ's statement of holders got up to 124.4% of their entitlement.
This is not right, holders should come before an underwriter. The underwriter is also paid a fee for their service
Ann: Entitlement Offer raises $2 million, page-2
Add AUZ (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.0¢ |
Change
-0.001(9.09%) |
Mkt cap ! $13.98M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 1.0¢ | $242.2K | 24.04M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 34 | 15940258 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 5156448 | 6 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
|
|||||
|
Last
1.0¢ |
Change
-0.001 ( 0.00 %) |
||||
| Open | High | Low | Volume | ||
| 1.1¢ | 1.1¢ | 1.0¢ | 7509300 | ||
| Last updated 15.29pm 03/05/2024 ? | |||||
| AUZ (ASX) Chart |