I guess a war is ready to occur. Current bubs holders are not happy with this CR, coz it will dilute their shares and value. Apparently, this is a private placement to Bell & PCA partner. What a coincidence, PCA asked bubs couple of questions the day before CR happened. I do believe this CR has prepared for a quiet long time.
If i am the institutional investors which hold bubs' share, i will dump shares below .45cents without thoughts. There is no free lunch in this market.
Capital Raising Offer to Limited Parties, page-50
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Last
13.3¢ |
Change
-0.003(1.85%) |
Mkt cap ! $115.9M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 13.5¢ | 13.0¢ | $65.75K | 496.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 46 | 3744443 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 519153 | 11 |
View Market Depth
| Last trade - 12.14pm 25/07/2024 (20 minute delay) ? |
| BUB (ASX) Chart |