Also good to note that the record date was yesterday, so that stops many who just jump on & sell to make a quick buck at the expense of other holders.
An odd statement that stock will be sold to "major, long-only institutional investors and significant existing shareholders" but how can they make sure of that ? Many of the bigger ones maybe won't short themselves but will lend out stock to shorting parasites as hard as they can.
Ann: Successful A$70m Private Placement to Major Institutions, page-16
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Last
$1.00 |
Change
0.040(4.17%) |
Mkt cap ! $389.0M | |||
| Open | High | Low | Value | Volume |
| 98.0¢ | $1.03 | 98.0¢ | $3.138M | 3.104M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 54202 | $1.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.02 | 31729 | 3 |
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| CHN (ASX) Chart |