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.
The Chinese are buying an extra $8m shares at a price that is...
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Last
$1.17 |
Change
0.010(0.86%) |
Mkt cap ! $902.7M | |||
| Open | High | Low | Value | Volume |
| $1.16 | $1.17 | $1.15 | $1.104M | 949.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 64571 | $1.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.17 | 84795 | 26 |
View Market Depth
| Last trade - 15.58pm 20/06/2025 (20 minute delay) ? |
| GEM (ASX) Chart |