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
5.8¢ |
Change
-0.001(1.69%) |
Mkt cap ! $34.41M | |||
| Open | High | Low | Value | Volume |
| 5.8¢ | 5.8¢ | 5.8¢ | $5.359K | 92.38K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 50203 | 5.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.8¢ | 116797 | 1 |
View Market Depth
| Last trade - 10.09am 22/05/2024 (20 minute delay) ? |
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Last
5.6¢ |
Change
-0.001 ( 1.75 %) |
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| Open | High | Low | Volume | ||
| 5.6¢ | 5.6¢ | 5.6¢ | 11250 | ||
| Last updated 10.35am 22/05/2024 ? | |||||
| VRX (ASX) Chart |