Hi kdwc
Got a response from my broker
The suspension is purely to give the lead manager time to complete the process
Often the placement can all be completed in one day and a suspension is not necessary
On this occassion my broker has indicated that it was most likley the ASX holding up the works. Quite possibly they were under the pump and weren't able to process the placement docs in a timely fashion....hence IBG having to suspend for a day
Due to the suspension all orders had to be purged but apparently prior to the purge the stock looked like it was going to open at 6.4c
Hope that helps
Cheers
Nut
Ann: Preliminary Approval for up to US$657m in Funding from EXIM, page-213
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.500M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 7431551 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 28403238 | 17 |
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