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act of god

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Bullseye80

502 Posts.

89

23/06/22

13:49

Post #: 62162178
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Originally posted by tutor: ↑

Going through the Underwriting Agreement, there is no reference to 10%. There are references to adverse market movements or if the entire market is suspended, banking transactions suspended, outbreak of war... that sort of thing. Obviously if they don't go ahead with their acquisition or have lied about something in their docs.

The market movements one is "adverse change or disruption to financial markets", such that it would make the raising "impractical to proceed". The market drifting lower doesn't really count for that. So unless something really bizarre happens, they'll get their money.

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act of god

COE Price at posting: 24.3¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 20.5¢		Change 0.005(2.50%)		Mkt cap ! $541.2M

Open	High	Low	Value	Volume
20.0¢	21.0¢	19.8¢	$1.196M	5.933M

Buyers (Bids)

No.	Vol.	Price($)
3	127303	20.5¢

Sellers (Offers)

Price($)	Vol.	No.
21.0¢	312143	4

View Market Depth

No.	Vol.	Price($)
3	127303	0.205
15	620812	0.200
8	411992	0.195
7	406051	0.190
1	2993	0.185

Price($)	Vol.	No.
0.210	312143	4
0.215	264666	5
0.220	1105490	10
0.225	62241	2
0.230	674527	5

Last trade - 16.10pm 07/06/2024 (20 minute delay)


Last 20.5¢			Change 0.005 ( 0.20 %)
Open	High		Low	Volume
20.0¢	21.0¢		19.5¢	7301734
Last updated 15.59pm 07/06/2024 ?

COE (ASX) Chart