It is a non renounceable rights issue to current holders not an SPP.
ASM control the size of the placement not the institutions. It depends what money they think they need at this stage. Maybe an opportunity has popped up?
Ann: Trading Halt, page-10
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 (20min delay)
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Last
$1.02 |
Change
0.020(2.00%) |
Mkt cap ! $183.3M | |||
| Open | High | Low | Value | Volume |
| $1.02 | $1.05 | 99.0¢ | $532.6K | 521.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 50413 | $1.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.03 | 50187 | 1 |
View Market Depth
| Last trade - 16.10pm 17/05/2024 (20 minute delay) ? |
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Last
$1.03 |
Change
0.020 ( 2.03 %) |
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| Open | High | Low | Volume | ||
| $1.00 | $1.05 | $1.00 | 125374 | ||
| Last updated 15.59pm 17/05/2024 ? | |||||
| ASM (ASX) Chart |