If this is not for something the market likes they are likely to be heavily punished. They came out with results yesterday, price pops and they run to do a raise. Insto's do not like this type of approach as in reality they would have knows they needed the capital and it should have been part of the update yesterday.
I hope that it is more an acquisition or something positive, if its just working capital it may result in some hard selling.
Ann: Trading Halt, page-133
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Last
$2.79 |
Change
-0.010(0.36%) |
Mkt cap ! $3.642B | |||
| Open | High | Low | Value | Volume |
| $2.80 | $2.81 | $2.74 | $25.49M | 9.190M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 11942 | $2.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.79 | 30971 | 2 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |