well here being retail is a blessing in disguise. I can’t recall a placement being over-subscribed about 5 or 7 times and then coming on at such a discount to the issue price, and it’s had 3 days of it now.
Definitely really weird price action. But for those of us that lightened off at $2 plus because it seemed prudent, and did not get any in the insto placement at $1.55, and were looking at just $30k worth at $1.55 in the SPP, we have the advantage we can ignore the SPP and simply add as much as want at these lows instead.
I’m pretty well gorged on this one again.
Ann: Successful completion of A$150M placement, page-112
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Last
$1.14 |
Change
-0.025(2.16%) |
Mkt cap ! $1.452B | |||
| Open | High | Low | Value | Volume |
| $1.17 | $1.17 | $1.13 | $14.61M | 12.79M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 647 | $1.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.14 | 109596 | 6 |
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| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| BGL (ASX) Chart |