“Tamboran aims to raise up to $175.5 million by offering 6.5 million shares at a price range of $24 to $27 per share.”
So that equates to A$0.184 - $0.207 per share.
Might get this done at VWAP for last week. Strong interest. I’d expect the underwriters to hold back some of the shares to raise a bit more after listing through the greenshoe, creating some price tension and upward momentum.
Hopefully, with this very positive news, we see the ASX price move firmly into the 20s.
Market cap of A$1bn isn’t far away. This bus is leaving, there’s plenty of grog on board, and I’m staying on it!
“Tamboran aims to raise up to $175.5 million by offering 6.5...
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Last
17.0¢ |
Change
-0.015(8.11%) |
Mkt cap ! $350.2M | |||
| Open | High | Low | Value | Volume |
| 19.0¢ | 19.0¢ | 17.0¢ | $253.4K | 1.450M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 343217 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 39142 | 7 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| TBN (ASX) Chart |