What do you mean?
"[a] fully underwritten Retail Entitlement Offer is expected to raise approximately A$8.4 million and is expected to open on Wednesday, 31 October 2018..."
- same terms as the institutional placement, $1.50/share.
And as @Vet14 points out, you can probably pick them up on market now below $1.50.
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The 54% take-up rate among eligible institutional shareholders doesn't seem like a great vote of confidence in the deal.
What do you mean? "[a] fully underwritten Retail Entitlement...
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40.0¢ |
Change
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Mkt cap ! $112.7M | |||
| Open | High | Low | Value | Volume |
| 40.0¢ | 40.0¢ | 40.0¢ | $1.995K | 4.987K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 21046 | 39.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.0¢ | 47206 | 4 |
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