I am wondering if it is SIO or L1 who renegged. The issue price was $20 and closing price yesterday was $19.57 so whomever it was would have locked in an immediate paper loss of approx $144k. I just had a quick look at some info on SIO and they don't seem to be performing all that highly. I think they are also approaching their end of year so perhaps wanted to cut their losses. I can't see anyone else taking up the spare allocation until the share price moves a bit higher.
Ann: Update on Equity Raising, page-12
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Last
$13.20 |
Change
-0.800(5.71%) |
Mkt cap ! $279.0M | |||
| Open | High | Low | Value | Volume |
| $14.00 | $14.00 | $13.11 | $947.2K | 71.30K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500 | $13.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.35 | 300 | 1 |
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| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| AVR (ASX) Chart |