A cynic might suggest this "approach" also allows recipients in the placement at 5c to exit with a nice profit, if they wish. An example of "its not what you know, but who you know". Always makes me laugh: "sophisticated investors" = wealthy connected investors brokers utilise to get commission on cap raisings.
Ann: Response to ASX Price and Volume Query, page-27
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 (20min delay)
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Last
14.5¢ |
Change
-0.010(6.45%) |
Mkt cap ! $54.96M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 16.0¢ | 14.5¢ | $225.0K | 1.464M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 301658 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 95000 | 2 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| AL3 (ASX) Chart |