AXE 0.00% 46.0¢ archer materials limited

I think I see a pattern in the scale-back. My woman applied for...

  1. 237 Posts.
    lightbulb Created with Sketch. 39
    I think I see a pattern in the scale-back.

    My woman applied for $30k; I applied for $5k.

    We both received ~1314 shares.

    Although we applied for vastly different amounts, the common factor in our applications was that we applied only about 1 day before the SPP closed.

    From this I deduce that:

    - a proportional scale-back was applied in the early period before the 18/10/21 announcement 'Share Purchase Plan to close early'; and

    - a flat scale-back (to 1314 shares) was applied to those who held off until after the 18/10/21 announcement 'Share Purchase Plan to close early'.

    Note, however, that I may be wrong. (I was wrong once before . . . allegedly.)

 
watchlist Created with Sketch. Add AXE (ASX) to my watchlist
(20min delay)
Last
46.0¢
Change
0.000(0.00%)
Mkt cap ! $117.2M
Open High Low Value Volume
46.5¢ 46.5¢ 46.0¢ $3.322K 7.21K

Buyers (Bids)

No. Vol. Price($)
2 6691 46.0¢
 

Sellers (Offers)

Price($) Vol. No.
46.5¢ 29999 1
View Market Depth
Last trade - 10.00am 08/05/2024 (20 minute delay) ?
AXE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.