"The CR will be at a heavy discount to VWAP and only open to "sophisticated investors" which in GTT speak is their family and friends, or as Charles calls them "the inner circle".
This will be shortly followed by a rapid fire succession of market sensitive announcements commencing a day or two after allocation of the new shares where the price rises slightly but is met with a wall of supply and ends up not going anywhere."
That's a bold, definitive prediction.
"The CR will be at a heavy discount to VWAP and only open to...
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Last
0.7¢ |
Change
-0.001(12.5%) |
Mkt cap ! $12.46M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.8¢ | 0.7¢ | $44.16K | 5.552M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 15083805 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 3510065 | 11 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| CRR (ASX) Chart |