You may have predicted 8c or so which is fine and not completely unlikely given the circumstances. However, don’t be holding a crown above your head for doing so because after a cap raise as recently performed, this is more common than not.
Also the fact that the allocated shares were to large institutions I would see this as a positive once released being that they would be the type to hold on such a positive stock as RNU.
Ann: Successful $15M Institutional Capital Raising, page-181
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Last
7.2¢ |
Change
-0.001(1.37%) |
Mkt cap ! $183.0M | |||
| Open | High | Low | Value | Volume |
| 7.2¢ | 7.4¢ | 7.2¢ | $320.7K | 4.426M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 1275010 | 7.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.4¢ | 220674 | 4 |
View Market Depth
| Last trade - 16.10pm 28/10/2024 (20 minute delay) ? |
| RNU (ASX) Chart |