I think management are doing a good job in sourcing and executing deals. But the increase in value of the SPP from $2.75m to $5.07m only took it from 9.75% of the total cap raise to 16.6%. The lion's share has gone to institutions.
Anyway - I get that everyone is happy after a recent share price increase, but for me it's a flag when external institutions are given greater access to shares at a discount to market price than existing shareholders. And there is still a separate tranche for directors and employees to come. Director's haven't limited themselves to the same allocation rights as regular shareholders.
I think management are doing a good job in sourcing and...
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Last
$2.10 |
Change
-0.040(1.87%) |
Mkt cap ! $418.3M | |||
| Open | High | Low | Value | Volume |
| $2.10 | $2.14 | $2.10 | $69.71K | 32.87K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2124 | $2.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.14 | 13829 | 4 |
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| Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
| APZ (ASX) Chart |