With the large number of retail shareholders, and only $4 million to be allocated, I can't see the point of outlaying $15000 only to be scaled back say to $5000 and losing $10000 until mid June ( Do the maths.
Only needs 800 to take up the offer at $5000 to reach $4 mill. And $5000 will get you 38461 shares allocated. !!!!!!!!)
If more shareholders apply, you will get even less.
The ASX puts a limit of 15% on extra capital to be raised with an SPP, and most of it goes to the "sophisticated" investors, and a nice fee to Euroz
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Last
16.0¢ |
Change
-0.005(3.03%) |
Mkt cap ! $286.2M |
Open | High | Low | Value | Volume |
16.0¢ | 16.5¢ | 15.5¢ | $780.9K | 4.887M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 1236249 | 15.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.5¢ | 1046275 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 1236249 | 0.155 |
22 | 1507476 | 0.150 |
9 | 790088 | 0.145 |
6 | 641706 | 0.140 |
4 | 462005 | 0.135 |
Price($) | Vol. | No. |
---|---|---|
0.165 | 875275 | 11 |
0.170 | 467194 | 8 |
0.175 | 808692 | 10 |
0.180 | 1720225 | 13 |
0.185 | 1665021 | 11 |
Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
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