stja......the SPP was for $50 mil which was underwritten to the tune of $25mil by JPM. As I understand it retail investors applied for around $25mil so JPM take up the rest. If I was JPM I would want a low price so I would borrow from Peter to smash Paul, take his shares at a 2.5% discount and then payback Peter. Make sense?
look forward, page-11
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Last
$7.76 |
Change
0.060(0.78%) |
Mkt cap ! $7.253B | |||
| Open | High | Low | Value | Volume |
| $7.72 | $7.90 | $7.70 | $22.34M | 2.868M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4481 | $7.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.78 | 14225 | 2 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| LYC (ASX) Chart |