The shortfall was underwritten so they could have sold them if they needed too. The fact that the shortfall was not placed is very telling imo.
If you have a deal done why would you dilute your own profits by issuing the shortfall shares when you don't need to.
The shortfall was underwritten so they could have sold them if...
Add MTC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
13.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $25.61M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 87000 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 7356 | 1 |
View Market Depth
| Last trade - 16.12pm 08/11/2024 (20 minute delay) ? |
| MTC (ASX) Chart |
Day chart unavailable