So what does this mean?
"Gold Road Resources Limited (Gold Road or the Company) advises that it has committed to participate in the Institutional Entitlement Offer (the Offer) by De Grey Mining Limited (ASXEG) (De Grey) at $1.10 per share, as announced by De Grey on 10 May 2024, taking up all of the Company’s entitlements under the Offer, subscribing for 46,249,692 shares.
Did DEG offer fewer shares than the retail entitlement or was GOR's entitlement scaled back???? Clearly there is more to this than we are being told!
Ann: GOR: Gold Road Participates in De Grey Entitlement Offer, page-11
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Last
$1.25 |
Change
0.003(0.20%) |
Mkt cap ! $2.995B | |||
| Open | High | Low | Value | Volume |
| $1.27 | $1.27 | $1.25 | $1.979M | 1.575M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 40 | 95709 | $1.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.26 | 11325 | 5 |
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| Last trade - 11.57am 22/08/2024 (20 minute delay) ? |
| DEG (ASX) Chart |