Thanks for the replies birchcorp and redbaron. very helpful.
dangar, there's little risk attached to an under-subscribed offer mainly because its very unlikely given its only $5M. However, in that unlikely event I would just sell the excess shares as you've pointed out. Wouldn't be proud of selling so quickly, but sometimes we have to get our hands dirty.
Then again, I over-purchased in another capital raise, but the price shot up and I'm still sitting on the excess shares and having a good time, so who knows.
Ann: Trading Halt, page-180
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Last
19.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $438.9M | |||
| Open | High | Low | Value | Volume |
| 18.5¢ | 19.0¢ | 18.5¢ | $297.2K | 1.588M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 83 | 2190021 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 956606 | 17 |
View Market Depth
| Last trade - 16.10pm 09/05/2024 (20 minute delay) ? |
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Last
18.5¢ |
Change
0.000 ( 1.60 %) |
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| Open | High | Low | Volume | ||
| 19.0¢ | 19.0¢ | 18.5¢ | 2570100 | ||
| Last updated 15.59pm 09/05/2024 ? | |||||
| ARU (ASX) Chart |