Correct, The shortfall now owned by the institutions is being recycled causing the big volume, at least for PGC, and drop in SP. Short Term and quick profit. Never saw this coming as total uptake of allocation was almost a forgone conclusion..
RAB
Ann: Rights Issue Close and Shortfall Notification, page-23
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Last
46.5¢ |
Change
0.020(4.49%) |
Mkt cap ! $769.7M | |||
| Open | High | Low | Value | Volume |
| 44.5¢ | 46.5¢ | 44.5¢ | $652.8K | 1.432M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1222 | 45.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 46.5¢ | 199713 | 8 |
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| Last trade - 16.10pm 01/10/2024 (20 minute delay) ? |
| PGC (ASX) Chart |