I believe you are correct about the (no scaling) for the main retail phase of the PREO 1 for 2.55 We'll confirm when the booklet appears on 12 Sep. Equally, it seems logical that they need to be able to scale back the optional additional (up to) 50%.
Being a pro-rata offer, your eligible limit rides on your holding (as at today). It is the Share Purchase Plans that tend to have the $5000, $10000, $20000 blocks to which refer. I think the pro-rata offers are fairer to us retail holders.
Ann: ORA - Completion of Institutional Entitlement Offer, page-54
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Last
$2.00 |
Change
0.020(1.01%) |
Mkt cap ! $2.686B | |||
| Open | High | Low | Value | Volume |
| $1.99 | $2.03 | $1.98 | $10.88M | 5.435M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 102418 | $2.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.01 | 56257 | 6 |
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| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| ORA (ASX) Chart |