This is a surprise (or mistake?). The entire offer raised $85.1m. In a previous announcement, the manager scaled back applications, because they received 119% more than they were looking for. Yet, according to this announcement, AFI managed to get an allocation of 6,535,948 new shares or $20m worth?
As of December 31, 2024, AFI had only 8,728,000 MIR shares, therefore, their basic entitlement would be about 1,246,857 shares (8,728,000 ÷ 7). Even if AFI bought more MRI shares after December 31, I can't see how it could have been enough to merit the right to purchase 6,535,948 in the entitlement offer (would have triggered a substantial shareholder notice).
- Forums
- ASX - By Stock
- MIR
- Ann: Notice of initial substantial holding from AFI
MIR
mirrabooka investments limited
Add to My Watchlist
0.61%
!
$3.29

Ann: Notice of initial substantial holding from AFI, page-2
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
$3.29 |
Change
0.020(0.61%) |
Mkt cap ! $732.1M |
Open | High | Low | Value | Volume |
$3.27 | $3.29 | $3.26 | $194.3K | 59.26K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 9500 | $3.26 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.29 | 9727 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 9500 | 3.260 |
2 | 5000 | 3.250 |
2 | 13000 | 3.240 |
3 | 18491 | 3.230 |
2 | 11755 | 3.220 |
Price($) | Vol. | No. |
---|---|---|
3.290 | 18826 | 4 |
3.300 | 9000 | 3 |
3.310 | 6261 | 2 |
3.320 | 700 | 1 |
3.330 | 9825 | 1 |
Last trade - 11.59am 03/07/2025 (20 minute delay) ? |
Featured News
MIR (ASX) Chart |
The Watchlist
RAC
RACE ONCOLOGY LTD
Dr Pete Smith, Executive Chairman
Dr Pete Smith
Executive Chairman
Previous Video
Next Video
SPONSORED BY The Market Online