AE23,
The most recent CR was done on these terms,
"The Issue Price represents a 18.2% discount to the closing price of A$0.0055 on 27 November 2023
and a 23.6% discount to the ASX VWAP for the ten trading days prior to 28 November 2023"
Possibly and indication.
The company(88e) will have a number in mind that they will want to raise, the brokers will also have a number in mind that they think they can sell, should the discount and/or sweetners meet the market. Those numbers are not always the same.
Bear in mind, these CR's are typically followed by a news release that can often result in a short term trade.
Just my thoughts.
Cheers
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $57.78M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.2¢ | $26.45K | 11.23M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
425 | 477962938 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 561032193 | 151 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
425 | 477962938 | 0.002 |
145 | 740182744 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 541032193 | 150 |
0.004 | 305972136 | 132 |
0.005 | 113364357 | 60 |
0.006 | 109861758 | 40 |
0.007 | 77742288 | 36 |
Last trade - 15.59pm 27/06/2024 (20 minute delay) ? |
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88E (ASX) Chart |