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
4.7¢ |
Change
0.002(4.44%) |
Mkt cap ! $29.52M | |||
| Open | High | Low | Value | Volume |
| 4.5¢ | 4.8¢ | 4.5¢ | $35.4K | 758.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 110000 | 4.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.7¢ | 198240 | 1 |
View Market Depth
| Last trade - 15.59pm 14/06/2024 (20 minute delay) ? |
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Last
4.6¢ |
Change
0.002 ( 2.22 %) |
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| Open | High | Low | Volume | ||
| 4.5¢ | 4.8¢ | 4.5¢ | 287299 | ||
| Last updated 15.54pm 14/06/2024 ? | |||||
| VRX (ASX) Chart |