Ann: Proposed issue of Securities - NC6, page-7

  1. 1,742 Posts.
    lightbulb Created with Sketch. 308
    That's not how it works lol. If you've ever participated in CR's for sophisticated investors they have less than 5 hours to make an investment decision. Sometimes even less. They can bid for an allocation which most likely won't receive anyway usually scaled back. Then they make the payment in which they have about 2 days anyway to allocate funds. A company if they get the money they need/won't look back at trying to take more, especially not on an over subbed raise. So you can only presume wherever this 100K is coming from is someone of significance/importance of some sort. Anyways we will find out anyway. $100k is not much but for a company that is 14mil it will slot them into top20 holdings.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
8.0¢
Change
-0.002(2.44%)
Mkt cap ! $25.32M
Open High Low Value Volume
7.9¢ 8.3¢ 7.9¢ $7.7K 95.58K

Buyers (Bids)

No. Vol. Price($)
2 44701 7.9¢
 

Sellers (Offers)

Price($) Vol. No.
8.3¢ 39233 1
View Market Depth
Last trade - 14.55pm 30/07/2025 (20 minute delay) ?
NC6 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.