"The share issue provides for current smaller shareholders to buy more shares at lower than present prices."
No it doesn't. You hand over your money by 18 Oct then your shares are calculated based on VWAP over the last 5 days leading up to the allotment date 25 Oct. You have no control over the number of shares you get.
Read the important notices section: "if you apply to participate in the offer ....... you are accepting the risk that the market prices of Shares may change between the date of the Offer and the Allotment Date." and "This means it is possible that, up to or after the Allotment Date, you may be able to buy Shares on market at a lower price than the Offer Price."
"The share issue provides for current smaller shareholders to...
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Last
47.5¢ |
Change
0.030(6.74%) |
Mkt cap ! $55.93M | |||
| Open | High | Low | Value | Volume |
| 46.5¢ | 47.5¢ | 44.5¢ | $97.59K | 211.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1772 | 47.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 47.5¢ | 9999 | 1 |
View Market Depth
| Last trade - 16.10pm 08/05/2024 (20 minute delay) ? |
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Last
45.0¢ |
Change
0.030 ( 0.51 %) |
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| Open | High | Low | Volume | ||
| 46.5¢ | 46.5¢ | 44.5¢ | 105528 | ||
| Last updated 15.59pm 08/05/2024 ? | |||||
| TOE (ASX) Chart |