Looks like I had my figures wrong on the placement as I thought it was 11c and the prevailing share price but still when the norm on the ASX is for placements to always be done at large discounts to the prevailing share price and VWAP of at least 20% to see a placement being done at a premium following a Feasibility Study is a huge vote of confidence IMO
"The price represents a 28% premium to the last quoted price and a 42% premium to the 30 day VWAP. The price reflects confidence of investors following the results of the Pre Feasibility Study that was released on Friday 8th April 2016. "
Ann: Hastings Raises $9.6 Million at Premium to Market Price-HAS.AX, page-5
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Last
30.5¢ |
Change
-0.010(3.17%) |
Mkt cap ! $53.79M | |||
| Open | High | Low | Value | Volume |
| 31.5¢ | 32.0¢ | 30.5¢ | $200.8K | 647.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 27495 | 30.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.0¢ | 1121 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
30.8¢ |
Change
-0.010 ( 2.54 %) |
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| Open | High | Low | Volume | ||
| 32.0¢ | 32.0¢ | 30.5¢ | 207186 | ||
| Last updated 15.58pm 03/05/2024 ? | |||||
| HAS (ASX) Chart |