It's still adding 2% of the register, at a big discount to close, and a huge discount to last raise when good news is supposedly imminent. Wouldn't have thought a convertible would be hard to pitch here, pay a decent but not outrageous coupon with the right to convert if the share price rises on approval.
Instead a sweetheart deal to the nearest and dearest. I would love to know who participated...
Ann: Placement to Sophisticated investors, page-10
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Last
42.5¢ |
Change
-0.015(3.41%) |
Mkt cap ! $58.14M | |||
| Open | High | Low | Value | Volume |
| 43.5¢ | 43.5¢ | 41.0¢ | $35.10K | 84.50K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 130 | 41.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.5¢ | 6729 | 1 |
View Market Depth
| Last trade - 16.10pm 07/06/2024 (20 minute delay) ? |
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Last
42.0¢ |
Change
-0.015 ( 2.33 %) |
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| Open | High | Low | Volume | ||
| 43.0¢ | 43.0¢ | 42.0¢ | 11321 | ||
| Last updated 15.59pm 07/06/2024 ? | |||||
| SMN (ASX) Chart |