The underwriter will make up the shortfall and effectively take up the shares that retail didn't. What they do with that stock is the unknown but highly unlikely they will be holding it for very long. I guess it will depend on their balance sheet and cost of funding.
Ann: St Barbara completes Retail Entitlement Offer, page-12
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Last
21.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $171.7M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 21.8¢ | 21.0¢ | $513.4K | 2.402M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 807808 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 78837 | 5 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| SBM (ASX) Chart |