you're referring to people/firms with a lot more capital than your average punter.
Also when a company engages with instos personally and via financial advisors, they do so in the hopes of securing investors that truly support the business. There would be several options to easily raise $70m - it's up to good management to do so via the best means.
Ann: Successful Completion of A$70m Institutional Placement, page-100
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Last
8.7¢ |
Change
-0.002(2.25%) |
Mkt cap ! $221.1M | |||
| Open | High | Low | Value | Volume |
| 8.7¢ | 8.9¢ | 8.6¢ | $170.5K | 1.958M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 371941 | 8.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.7¢ | 191005 | 1 |
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| RNU (ASX) Chart |