The Instos will have an incentive to hold and let the price rise if there is a discounted option they can use later. Otherwise they might just sell and get a cheap profit now out of a recent rune of SP jumps.
Also there had to be a big sweetener for the risk as company is still in growth mode and cash flows are not guaranteed yet.
Ann: Investor Presentation Imbio acquisition and capital raise, page-12
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51.0¢ |
Change
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Mkt cap ! $209.3M | |||
| Open | High | Low | Value | Volume |
| 52.5¢ | 52.5¢ | 51.0¢ | $104.9K | 203.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 112419 | 51.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 52.0¢ | 4943 | 3 |
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| 4DX (ASX) Chart |