no worries subah
i suspect the shareprice will be north of the 75 cents when the retail SPP is concluded ?
1/ the underwriter gets a fat fee for doing nothing because all 50mil shares will be subscribed for.
2/ the insto's will be happy that the retail investors had to pay the same as them.
3/ the insto's would be silly not to buy as many shares as they can sub 75cents.
the fact that the insto's have not done this so far leads me to believe they have a plan in store for the shorts ?
IMO they insto's at a time of there choosing will realy pump this stock & maybe dump the new shaares at a great profit !
no worries subahi suspect the shareprice will be north of the 75...
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Last
$6.80 |
Change
0.000(0.00%) |
Mkt cap ! $6.398B | |||
| Open | High | Low | Value | Volume |
| $6.85 | $6.89 | $6.77 | $9.256M | 1.356M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 12357 | $6.79 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.80 | 13181 | 5 |
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| Last trade - 16.10pm 26/08/2024 (20 minute delay) ? |
| LYC (ASX) Chart |