Fully agree with you @Alee26
Offering @ 10c only to "sophisticates" is a bit of a slap in the face.
But they may have wanted/needed at very quick source of funds to take advantage of the opportunity. The turnaround offer of 7 days for the credit raising from "go to whoa" gives them that pace. Offering to we plebs (retail) would have taken a lot lot longer to turnaround due to the regulatory nanny state paperwork blah blah required by ASIC and ASX. The interest from we minnows would have been there - of course - but it would have taken longer to complete the process.
That said, the 10c pissed me off.
Fully agree with you @Alee26 Offering @ 10c only to...
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Last
13.5¢ |
Change
-0.005(3.57%) |
Mkt cap ! $39.06M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 13.5¢ | 13.5¢ | $5.855K | 43.36K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50996 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 355873 | 6 |
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| Last trade - 10.18am 30/07/2024 (20 minute delay) ? |
| DEM (ASX) Chart |