"Institutional interest at this price demonstrates demand for this stock and potential for demand driven share price rises as we move to production".
Definitely seen heavy demand from institutional and sophisticated investors here is Australia as well. I placed a bid through one of the lead managers, bids closed in 3 hours and just learned I was scaled back by 69%. Don't know about bids placed in the UK but in OZ the shares were strongly bid.
With the SP up 8% as I write this it seems there is still considerable market demand as well.
Ann: Trading Halt, page-34
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Last
$3.58 |
Change
0.120(3.47%) |
Mkt cap ! $1.002B | |||
| Open | High | Low | Value | Volume |
| $3.57 | $3.60 | $3.50 | $5.896M | 1.666M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1500 | $3.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.60 | 1000 | 1 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| ADT (ASX) Chart |