Can't totally disagree with that lowering the share price for a period, however the amount they are raising in the SPP is very low comparably so would generally be oversubscribed and scaled right back. So those wanting to keep there same % holding may not sell out completely to take part in the SPP knowing they will only get partial allocation.
Ann: Trading Halt, page-131
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Last
21.5¢ |
Change
-0.005(2.27%) |
Mkt cap ! $101.6M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 22.0¢ | 21.3¢ | $390.9K | 1.810M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 11195 | 21.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.0¢ | 144849 | 5 |
View Market Depth
| Last trade - 16.10pm 05/06/2024 (20 minute delay) ? |
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Last
21.5¢ |
Change
-0.005 ( 2.27 %) |
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| Open | High | Low | Volume | ||
| 22.0¢ | 22.5¢ | 21.5¢ | 949802 | ||
| Last updated 15.57pm 05/06/2024 ? | |||||
| GLN (ASX) Chart |