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
0.7¢ |
Change
-0.001(6.67%) |
Mkt cap ! $9.789M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.8¢ | 0.7¢ | $6.054K | 774.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 31 | 15067024 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 3688795 | 12 |
View Market Depth
| Last trade - 10.31am 03/10/2024 (20 minute delay) ? |
| AUZ (ASX) Chart |