I think if market price keep going at around 1.7/1.8 c or more, towards SPP closing date (15/02) This SPP will be more than likely over subscribed. The reason is company only offer $500k , so if we got 17 applications with $30k, $500k limit will be filled.($30kx17=$510k) so imo a scale back on application money is very possible. Of course, it price back to 1.2/13c around closing date, it might be a different story, will watch closely with interest.
Ann: Share Purchase Plan, page-51
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Last
1.2¢ |
Change
0.001(4.55%) |
Mkt cap ! $11.22M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 1.2¢ | $949 | 82.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 712931 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 3553475 | 6 |
View Market Depth
| Last trade - 15.56pm 28/05/2024 (20 minute delay) ? |
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Last
1.2¢ |
Change
0.001 ( 4.35 %) |
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| Open | High | Low | Volume | ||
| 1.2¢ | 1.2¢ | 1.2¢ | 90000 | ||
| Last updated 11.45am 28/05/2024 ? | |||||
| MKG (ASX) Chart |