Yep, this. Most companies have an institutional placement which makes up anywhere from 70-80% of a cap raise. Imagine if RAC only asked for $6m of investors, got $45m and scaled everyone back 87%. Because that is the standard.
I got 50% of my application, same as many others so don't @ me
Yep, this. Most companies have an institutional placement which...
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Last
$1.65 |
Change
-0.040(2.37%) |
Mkt cap ! $281.2M | |||
| Open | High | Low | Value | Volume |
| $1.69 | $1.69 | $1.64 | $50.53K | 30.36K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 539 | $1.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.69 | 731 | 1 |
View Market Depth
| Last trade - 16.10pm 07/10/2024 (20 minute delay) ? |
| RAC (ASX) Chart |