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.
A cynic might suggest this "approach" also allows recipients in...
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Last
15.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $56.56M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 16.0¢ | 14.5¢ | $310.6K | 2.033M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 582740 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 132525 | 1 |
View Market Depth
| Last trade - 12.37pm 19/07/2024 (20 minute delay) ? |
| AL3 (ASX) Chart |