SRT 8.11% 20.0¢ strata investment holdings plc

Tangrams,3,742,475 shares at an issue price of $0.16 (Placement)...

  1. 171 Posts.
    Tangrams,
    3,742,475 shares at an issue price of $0.16 (Placement) offered to institutional and sophisticated investors.
    25,000,000 fully paid ordinary shares with an issue price of 20 cents (prospectus Offer)

    Please enlighten, me who are these " institutional & sophisticated investors"? and why were they offered shares at a lower price?
 
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Last
20.0¢
Change
0.015(8.11%)
Mkt cap ! $33.88M
Open High Low Value Volume
20.0¢ 21.0¢ 20.0¢ $134.9K 674.4K

Buyers (Bids)

No. Vol. Price($)
3 77397 18.5¢
 

Sellers (Offers)

Price($) Vol. No.
21.0¢ 41477 1
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Last trade - 10.47am 08/07/2024 (20 minute delay) ?
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