So the underwriters have 16.2 million D2O shares that they need to find a home for - this is a huge overhang which surely means short term price pressure until a home can be found for these shares. Hopefully there are some insto's that are keen to take advantage of the liquidity to build a meaningful holding.
From D2O's perspective, it's great news that they have raised the full $44 million sought.
So the underwriters have 16.2 million D2O shares that they need...
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Last
$1.52 |
Change
0.000(0.00%) |
Mkt cap ! $238.0M | |||
| Open | High | Low | Value | Volume |
| $1.52 | $1.53 | $1.50 | $286.1K | 188.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 42425 | $1.52 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.53 | 6575 | 1 |
View Market Depth
| Last trade - 16.10pm 30/07/2025 (20 minute delay) ? |
| D2O (ASX) Chart |