"The Entitlement Offer was strongly supported by eligible shareholders, who applied for34,067,368 new fully paid ordinary shares (New Shares), raising approximately $1.7 million(before costs), pursuant to their entitlements. This represents a 74% take up rate of entitlements by eligible shareholders."
I would have expected 100% but I am assuming that 26% of the investors must be foreign and could not participate in the offer which is very unfortunate for them, It's a big disadvantage these investors have and they might want to sell because of it, I know I would be upset if I was an investor and could not participate, at one point through the offer period the share price got to 14 cents, almost a 3 bagger from 5 cents offer price.
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- Ann: Results of Entitlement Offer
Ann: Results of Entitlement Offer, page-2
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Last
2.4¢ |
Change
0.003(14.3%) |
Mkt cap ! $5.741M |
Open | High | Low | Value | Volume |
2.4¢ | 2.4¢ | 2.4¢ | $2.117K | 88.19K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 269899 | 2.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.4¢ | 209711 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 269899 | 0.021 |
1 | 100000 | 0.016 |
2 | 599995 | 0.015 |
1 | 299998 | 0.010 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.024 | 209711 | 3 |
0.025 | 120000 | 1 |
0.030 | 478188 | 1 |
0.037 | 3465 | 1 |
0.039 | 25665 | 1 |
Last trade - 12.22pm 05/07/2024 (20 minute delay) ? |
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