I would be asking the question who knew about the massive undersubscription yesterday when the SP fell 10%. Surely trading should have been suspended at the conclusion of the CR (Monday night) until the disastrous outcome was released to the marketplace this morning. Instead they allowed a whole day of trading where the SP dropped 10% during which time both Pattersons, Lynas, and possibly sub-underwriters were aware of the appalling take up rate. Worth looking into.
If I was a shareholder...
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Last
$7.69 |
Change
0.080(1.05%) |
Mkt cap ! $7.187B | |||
| Open | High | Low | Value | Volume |
| $7.67 | $7.78 | $7.63 | $9.690M | 1.258M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 46595 | $7.68 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.69 | 45838 | 3 |
View Market Depth
| Last trade - 16.10pm 07/10/2024 (20 minute delay) ? |
| LYC (ASX) Chart |