A2M 1.67% $6.48 the a2 milk company limited

Guys... It says "underwritten with Floor Price" of...

  1. 13 Posts.
    Guys... It says "underwritten with Floor Price" of NZ$0.67/share. Should this not mean that if there's a huge pent up demand for institutional investors, that can push the price up a bit in terms of what they'll have to pay for? In any case, it's not a steep discount and it's a very good move.

    Note that the people who will want to get A2M shares in lots directly from the market will push up the share price a lot. So, there won't be much impact on the share price I believe.
 
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Last
$6.48
Change
-0.110(1.67%)
Mkt cap ! $4.684B
Open High Low Value Volume
$6.59 $6.64 $6.41 $25.96M 4.015M

Buyers (Bids)

No. Vol. Price($)
6 103592 $6.47
 

Sellers (Offers)

Price($) Vol. No.
$6.48 48180 4
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Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
A2M (ASX) Chart
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