BMN did this back in 2022, issuing a lot more shares than originally planned.
How they framed it was basically if you had a holding much larger than the amount applied for you got full amount, if your holding was less than or a little above what you applied for you were scaled back.
While it will be disappointing to be scaled back with the price now at a premium to the offer price, could have bought shares under the issue price in the days following the announcement of the placement and there is a fair chance that we trade under the offer price again at some stage over the next 12 months if patient enough to wait for the inevitable dip.
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BMN did this back in 2022, issuing a lot more shares than...
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$1.43 |
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0.065(4.76%) |
Mkt cap ! $1.386B |
Open | High | Low | Value | Volume |
$1.38 | $1.45 | $1.37 | $12.31M | 8.666M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 29640 | $1.42 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.43 | 68715 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 29640 | 1.420 |
3 | 98529 | 1.415 |
1 | 25900 | 1.410 |
4 | 78088 | 1.405 |
3 | 27674 | 1.400 |
Price($) | Vol. | No. |
---|---|---|
1.430 | 68715 | 2 |
1.435 | 49840 | 2 |
1.440 | 46058 | 5 |
1.445 | 80900 | 2 |
1.450 | 93144 | 12 |
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