Maybe there are some guidelines around the ipo price for raising only $8m.
If they priced it at $2 @ IPO, then that's only 4 million shares available.
Not much liquidity there.
Ann: Pause in Trading, page-46
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16.0¢ |
Change
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Mkt cap ! $13.88M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.0¢ | 16.0¢ | $1.269K | 7.929K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 85684 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 10639 | 3 |
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| KNI (ASX) Chart |