Why wouldn't it be over subscribed. Trading at $2.8 placed at $2.30 who wouldn't buy them!
Typical of Petra, an easy cap raising and an easy $1m for them.
The company could have got a much better price if they tried for the benefit of existing shareholder.
As for their pathetic desperate attempt to get the price up with a crap rehash announcement, it seems to me like manipulation by the company to get the price up while placing at a much lower level....could this be!
On the bright side, having a good understanding of broking houses and their brokers this would have been sold on the back of pending news. Hopefully, it will be soon!
Ann: Oversubscribed placement raises $20.9m, page-4
-
- There are more pages in this discussion • 31 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add EOS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.56 |
Change
0.000(0.00%) |
Mkt cap ! $301.0M | |||
| Open | High | Low | Value | Volume |
| $1.58 | $1.62 | $1.55 | $1.035M | 659.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 15440 | $1.54 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.57 | 2397 | 2 |
View Market Depth
| Last trade - 16.10pm 01/07/2024 (20 minute delay) ? |
| EOS (ASX) Chart |