I don't think that JPM have taken up anything. The release is clear $25Mil to "eligible SPP applicants in full, and will raise A$25 million under the SPP."
The SPP states that:
"The total amount raised under the SPP will be limited to a maximum of up to A$50 million."
With JPM prepared to underwrite $25Mill - I believe Lynas were content to just raise the $25Mill minimum (albeit they allowed for $50Mil perhaps thinking that they would be oversubscribed as per previous SPPs and perhaps preferring more).
Therefore I don't expect JPM to announce a change in their holdings otherwise, Lynas would have announced as such in the Completion Notice.
I don't think that JPM have taken up anything. The release is...
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Last
$6.18 |
Change
0.020(0.32%) |
Mkt cap ! $5.757B | |||
| Open | High | Low | Value | Volume |
| $6.18 | $6.22 | $6.14 | $7.255M | 1.174M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 317 | $6.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.88 | 88957 | 6 |
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| Last trade - 15.59pm 15/08/2024 (20 minute delay) ? |
| LYC (ASX) Chart |