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3.0¢ group 6 metals limited

KIS state that they may take oversubscriptions on the SPP and I...

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BWinter

2,624 Posts.

307

07/10/21

18:49

Post #: 56642302
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Originally posted by BWinter: ↑

Which is why one should always be careful about investing too much in a company while finance is still to be sorted. I think now, however, that this is it for equity raises (barring something unforeseen) so I will look to add in the SPP (or on market if the SP drops further). SPP aimed to raise 5.5M and as at the last annual report, there were some 4173 holders meaning that, on average, holders will get around $1,300 worth of shares in the placement. Of course, some holders will choose not to participate, so those that do should get more than the above amount. All IMO and DYOR

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KIS state that they may take oversubscriptions on the SPP and I just looked at the holders by holding size

I think most of those small holdings will not participate, leaving a possible pool of ~2000. Average SPP allotment on that basis more like $5,500.

KIS Price at posting: 14.0¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 3.0¢		Change 0.002(7.14%)		Mkt cap ! $28.11M

Open	High	Low	Value	Volume
3.0¢	3.0¢	3.0¢	$2.989K	99.63K

Buyers (Bids)

No.	Vol.	Price($)
1	36626	2.9¢

Sellers (Offers)

Price($)	Vol.	No.
3.0¢	421601	5

View Market Depth

No.	Vol.	Price($)
1	33333	0.030
1	36626	0.029
3	131392	0.028
4	185000	0.027
2	538461	0.026

Price($)	Vol.	No.
0.029	26850	2
0.030	421602	5
0.033	20000	1
0.034	63570	2
0.035	100275	1

Last trade - 10.04am 20/08/2024 (20 minute delay)

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