That is standard for capital raisings. The price very typically drops to around the raising price, generally people sell their shares to fund purchases of more shares at a lower price via the raising.
Also, new buyers are less prepared to buy above the raising price knowing the above.
That is standard for capital raisings. The price very typically...
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Last
11.5¢ |
Change
0.003(2.22%) |
Mkt cap ! $20.72M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 11.5¢ | 11.0¢ | $34.69K | 301.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 56088 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 304428 | 3 |
View Market Depth
| Last trade - 15.27pm 07/05/2024 (20 minute delay) ? |
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Last
12.0¢ |
Change
0.003 ( 9.09 %) |
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| Open | High | Low | Volume | ||
| 11.5¢ | 12.0¢ | 11.0¢ | 103225 | ||
| Last updated 15.49pm 07/05/2024 ? | |||||
| IG6 (ASX) Chart |