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1.79%

5.5¢ oakridge international limited

Total shares offered-996,431,000Taken up by...

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The Tote

151 Posts.

26

24/02/21

17:04

Post #: 51292501
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Originally posted by Simon2017: ↑

I can't see why the managements should not be happy, as they've already had an underwriter in place, the fund was raised in full. As the matter of fact, I would think the less individual investors picking up their entitlements, the more stable the shares at current price.
I can't see why those eligible people did not pick up their entitlement, as they can double their invested entitlement immediately if they didn't wish to bear any further risk of picking up the entitlements.
Maybe someone can educate me on such a simple logic?

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Total shares offered-996,431,000
Taken up by shareholders-344,140,090
Shortfall-692,290,190
Taken by underwriter-500,000,000
Remaining shortfall-152,290,910

Where is the "in full."
If you believe anything you have written I have a bridge I can sell you.

Last edited by The Tote: 24/02/21

XPE Price at posting: 0.2¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 5.5¢		Change -0.001(1.79%)		Mkt cap ! $968K

Open	High	Low	Value	Volume
5.6¢	5.6¢	5.5¢	$3.147K	56.32K

Buyers (Bids)

No.	Vol.	Price($)
2	118148	5.5¢

Sellers (Offers)

Price($)	Vol.	No.
6.9¢	75000	1

View Market Depth

No.	Vol.	Price($)
2	118148	0.055
1	91425	0.054
1	55000	0.053
2	113600	0.051
2	97500	0.050

Price($)	Vol.	No.
0.069	75000	1
0.175	22450	1
0.180	30000	1
0.190	29137	1
0.000	0	0

Last trade - 10.51am 03/05/2024 (20 minute delay)


Last 5.5¢			Change -0.001 ( 1.79 %)
Open	High		Low	Volume
5.5¢	5.5¢		5.5¢	10579
Last updated 10.51am 03/05/2024 ?

OAK (ASX) Chart