The crucial bit that no one is discussing, hopefully because its obvious:
"Any Shortfall Securities would be offered at a price not less than the Offer Price as offered under the Entitlement Offer. The Board may, in its
absolute discretion, invite other new investors and/or existing ASM shareholders to apply for Shortfall Securities."
At least they are not being sold into an already crushed secondary market.
This was such a waste of a retail offer that just crushed the share price. Offtakes Rowena. Offtakes now. Enough of this crap. Starting to ressemble your predecessor with too much promise and not enough delivery - she has delivered of course, but not enough. This should have just been an insto/Gandel placement.
Personally picked up below the entitlement price on the secondary mkt. And lets not forget, $1.44 before this crappy raise announced.
The crucial bit that no one is discussing, hopefully because its...
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Last
56.0¢ |
Change
-0.070(11.1%) |
Mkt cap ! $101.5M | |||
| Open | High | Low | Value | Volume |
| 61.0¢ | 64.5¢ | 56.0¢ | $247.8K | 417.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 8141 | 56.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 59.0¢ | 10584 | 2 |
View Market Depth
| Last trade - 16.10pm 30/09/2024 (20 minute delay) ? |
| ASM (ASX) Chart |