Agree, $ 1.30 seems cheap to me.
Can't the book runners do better than that?
Given the few shares outstanding, this CR is probably the best chance for a fund that wants to establish a large position without buying on market and driving the price up.
Ann: Trading Halt, page-121
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Last
39.5¢ |
Change
-0.020(4.82%) |
Mkt cap ! $67.91M | |||
| Open | High | Low | Value | Volume |
| 41.0¢ | 41.0¢ | 38.5¢ | $88.59K | 224.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2200 | 39.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 39.5¢ | 1355 | 1 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| CNB (ASX) Chart |