I think that they are restricted and have to mention the amount of shares to be issued. Any share release dilutes the share value of current shares. If you had open slather in issuing tens of millions of shares at 10c it would dilute the share price considerably and be very unfair to current shareholders who paid considerably more for their shares.
IVZ - Chart, page-16
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Last
7.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $104.9M | |||
| Open | High | Low | Value | Volume |
| 7.3¢ | 7.4¢ | 7.3¢ | $183.8K | 2.516M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | 7.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.4¢ | 68622 | 2 |
View Market Depth
| Last trade - 16.10pm 26/04/2024 (20 minute delay) ? |
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Last
7.3¢ |
Change
0.000 ( 2.14 %) |
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| Open | High | Low | Volume | ||
| 7.3¢ | 7.4¢ | 7.2¢ | 1066405 | ||
| Last updated 15.44pm 26/04/2024 ? | |||||
| IVZ (ASX) Chart |