The Chinese are buying an extra $8m shares at a price that is about 75c higher than what the instos will pay in today's placement. G8 has effectively imposed a $6m penalty without going for any protracted legal battles with associated legal costs and uncertainties.
I wouldn't call G8 management incompetent for closing this matter with a $6m penalty and getting on with the business.
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Last
88.5¢ |
Change
-0.015(1.67%) |
Mkt cap ! $682.8M | |||
| Open | High | Low | Value | Volume |
| 90.0¢ | 90.0¢ | 88.5¢ | $1.411M | 1.583M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 102220 | 88.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 89.5¢ | 86235 | 4 |
View Market Depth
| Last trade - 16.10pm 18/07/2025 (20 minute delay) ? |
| GEM (ASX) Chart |