That is laughable. A massive vote of confidence? They placed the shares at a discount. It's a material dilutionary event. And Insto's soaked it up? Give a decent enough discount they'll soak anything up. Just don't expect the register to be reliable afterwards. I'd hazard a guess 50% of the take-up will be moved out at the barest of margins within 6 months. If it happened before the EOFY I wouldn't rule out several to take the money and run, if there is any marginal premium post re-open.
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That is laughable. A massive vote of confidence? They placed the...
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Last
35.5¢ |
Change
0.010(2.90%) |
Mkt cap ! $382.0M |
Open | High | Low | Value | Volume |
34.5¢ | 35.5¢ | 34.5¢ | $432.1K | 1.234M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 207855 | 35.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
35.5¢ | 32578 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 207855 | 0.350 |
11 | 351781 | 0.345 |
25 | 583526 | 0.340 |
11 | 380970 | 0.335 |
13 | 156358 | 0.330 |
Price($) | Vol. | No. |
---|---|---|
0.355 | 32298 | 12 |
0.360 | 46580 | 8 |
0.365 | 69048 | 10 |
0.370 | 191331 | 8 |
0.375 | 50238 | 4 |
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