This has got to be a cap raising to an insto or internal. As per previous cap raises it won't be to retail. Whoever is the recipient is clearly getting set for a large price increase off the back of this mornings announcement.Not sure how I feel about it to be honest as I'd rather they let the price run, they're not doing that IMO because one institution whether 62 capital or other is loading up.
Will wait for the details, if I'm being objective not massively impressed on first impressions.
All IMO..
Ann: Trading Halt, page-13
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Last
$1.65 |
Change
-0.040(2.37%) |
Mkt cap ! $105.5M | |||
| Open | High | Low | Value | Volume |
| $1.68 | $1.68 | $1.63 | $272.8K | 164.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6781 | $1.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.67 | 1821 | 2 |
View Market Depth
| Last trade - 11.25am 22/05/2024 (20 minute delay) ? |
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Last
$1.66 |
Change
-0.040 ( 2.36 %) |
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| Open | High | Low | Volume | ||
| $1.70 | $1.70 | $1.64 | 33642 | ||
| Last updated 11.31am 22/05/2024 ? | |||||
| VMM (ASX) Chart |