Since the SPP wasn't underwritten, it's up to discussions with...

  1. 9,087 Posts.
    lightbulb Created with Sketch. 2378
    Since the SPP wasn't underwritten, it's up to discussions with the lead broker as to how the shortfall amount is sold. The lead broker has no obligation to purchase the shortfall shares - they may offer them to sophs within 3 months (for example).

    As to what those new buyers do with the shares, that's anyone's guess.


 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
1.5¢
Change
0.001(7.14%)
Mkt cap ! $40.57M
Open High Low Value Volume
1.5¢ 1.5¢ 1.4¢ $3.98K 267.4K

Buyers (Bids)

No. Vol. Price($)
7 1623476 1.4¢
 

Sellers (Offers)

Price($) Vol. No.
1.5¢ 4204208 14
View Market Depth
Last trade - 11.59am 27/06/2025 (20 minute delay) ?
ADO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.