earlyrise
Your last statement
"The Company has a discretion whether or not to accept an application for shares in addition to a shareholder's entitlement thereby keeping space in the shortfall pool for the $4M underwritten amount."
Are there any rules or common practices that govern this?
For example - does the first come, first served rule, apply?
Say a holder has 60,000 shares, and would be entitled to 20,000 shares but for whatever reason decides to apply for 100,000 shares (or a shortfall of 80,000).
Would that be likely to get knocked back?
Or else would the shortfall of 80,000 be scaled back to a lower figure like 40,000 or perhaps 30,000?
Using those numbers above, if that investor applied for a shortfall of 10,000, would that be more likely to succeed?
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Best guess at amount raised in placement., page-173
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Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $15.68M |
Open | High | Low | Value | Volume |
1.1¢ | 1.1¢ | 0.9¢ | $18.75K | 1.782M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 963342 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 942417 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 863342 | 0.009 |
2 | 760000 | 0.008 |
6 | 949619 | 0.007 |
5 | 1008475 | 0.006 |
3 | 999995 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 842417 | 2 |
0.012 | 328213 | 5 |
0.013 | 300000 | 1 |
0.014 | 400000 | 1 |
0.015 | 622429 | 3 |
Last trade - 15.27pm 13/09/2024 (20 minute delay) ? |
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