Here is what happened
Price was around 10 cents, and LDX told institutions you can buy more at 9 cents
Institutions said 'oh we want to buy at 7 cents' - LDX said OK
Institutions then sold on market the amount they will get at 7 cents
So if you have 10 mill shares, you sell in the 8s, then get them back to you at 7 cents; institutions were gifted 20% profit on their holdings; they are not out of pocket, they simply have the same number of shares, but pocketed 20% cash on the value
Ann: LDX Raises A$2.65 Million in Successful Placement, page-6
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 (20min delay)
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Last
2.7¢ |
Change
-0.002(6.90%) |
Mkt cap ! $20.21M | |||
| Open | High | Low | Value | Volume |
| 2.8¢ | 2.8¢ | 2.7¢ | $37.38K | 1.357M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 337500 | 2.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.7¢ | 942945 | 1 |
View Market Depth
| Last trade - 15.55pm 23/06/2025 (20 minute delay) ? |
| LDX (ASX) Chart |