I think you need to look at the fact that Piedmont did not take up their 1 for 35. This may be because the are now fully domiciled in the US and were unable to participate. If you consider that of the roughly $8 million shortfall they were $4.75 m or around 32,797,114 shares and combine that with others who did not have the ability to partake you will see that this is actually pretty strong.
General Discussion Topics, page-28293
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Last
3.5¢ |
Change
-0.001(2.78%) |
Mkt cap ! $365.4M | |||
| Open | High | Low | Value | Volume |
| 3.6¢ | 3.7¢ | 3.5¢ | $1.071M | 29.81M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 35 | 7620239 | 3.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.6¢ | 2995354 | 17 |
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| Last trade - 13.51pm 17/10/2024 (20 minute delay) ? |
| SYA (ASX) Chart |