It's not typical to halt trading on the closing date of a capital raise.
The only positive reason would be massive oversubscription. I find that unlikely.
Negative scenarios include Shortfall reaching target, underwriter or major investor needs the offering to be adjusted.
With regret, but not surprise, I suspect this is about to go South. Such a shame as we are right at the finish line and Bruce just couldn't get it done.
It's not typical to halt trading on the closing date of a...
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Last
3.6¢ |
Change
-0.001(2.70%) |
Mkt cap ! $22.61M | |||
| Open | High | Low | Value | Volume |
| 3.7¢ | 3.8¢ | 3.5¢ | $37.44K | 1.032M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 271873 | 3.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.6¢ | 749799 | 1 |
View Market Depth
| Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
| VRX (ASX) Chart |