Most brokers are heavily incentivised to maintain relations because they always want to be appointed to run an equity raise.
There will clearly be (IMO) an equity raise at some point this year, so Canaccord would be pretty dopey to be sloppy with their work and risk an upcoming CR appointment.
I do find it strange that they accepted payment 100% in options with no cash (but tbh this has worked out exceptionally well in our favour).
Most brokers are heavily incentivised to maintain relations...
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Last
26.0¢ |
Change
0.010(4.00%) |
Mkt cap ! $727.8M | |||
| Open | High | Low | Value | Volume |
| 24.5¢ | 26.0¢ | 24.0¢ | $3.527M | 13.73M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 103327 | 25.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.0¢ | 2088812 | 8 |
View Market Depth
| Last trade - 16.10pm 31/05/2024 (20 minute delay) ? |
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Last
25.3¢ |
Change
0.010 ( 1.00 %) |
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| Open | High | Low | Volume | ||
| 24.5¢ | 26.0¢ | 24.0¢ | 2871879 | ||
| Last updated 15.59pm 31/05/2024 ? | |||||
| LRS (ASX) Chart |