It's a vote of confidence that the SPP was oversubscribed, but I question why take nearly $6m at 10.5 cents, when only $1m seemed to be required?
Does the company not feel confident that anything will be achieved to warrant a higher share price than 10.5 cents in the near future, at which point more shares could be issued?
Ann: SOR Share Purchase Plan Closed, page-5
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Last
6.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $26.81M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 884783 | 6.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.1¢ | 710 | 1 |
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| Last trade - 07.00am 22/05/2024 (20 minute delay) ? |
| SOR (ASX) Chart |
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