My guess is they have taken a call from a current institutional investor, like Vanguard, who would like to take a more substantial position.
A board meeting was held … and the $s were such that they decided to accommodate … bird in the hand and all that.
$20m at .22c
Market reaction will be subdued … business as usual.
In the meantime really excited about Airbus endorsement of Akida, recognising Tata and Airbus have a very cosy, multifaceted relationship.
My guess is they have taken a call from a current institutional...
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Last
22.5¢ |
Change
-0.005(2.17%) |
Mkt cap ! $451.3M | |||
| Open | High | Low | Value | Volume |
| 23.0¢ | 23.5¢ | 22.5¢ | $582.8K | 2.518M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 28 | 1160954 | 22.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.0¢ | 366853 | 12 |
View Market Depth
| Last trade - 10.12am 04/10/2024 (20 minute delay) ? |
| BRN (ASX) Chart |