Think I understand you mate as in low average price due to buying months ago. They have still paid more than they have to by 10%. Maybe just loyal.
My thoughts are it’s a little risky if the majority are underwritten at a 10% discount. Which from my understanding is the scenario here. (Happy to be corrected) then the underwriter will flood the market with discounted shares. Ie take a 2% profit once the placement is issued. It’s free money for them and can cause a stall in sp. I’ve never understood why people convert when heads are cheaper
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Think I understand you mate as in low average price due to...
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Last
1.4¢ |
Change
0.001(7.69%) |
Mkt cap ! $21.74M |
Open | High | Low | Value | Volume |
1.2¢ | 1.4¢ | 1.2¢ | $45.76K | 3.595M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 429816 | 1.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.4¢ | 240972 | 4 |
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No. | Vol. | Price($) |
---|---|---|
2 | 531343 | 0.012 |
2 | 1100000 | 0.011 |
6 | 1643792 | 0.010 |
15 | 4867428 | 0.009 |
12 | 28310928 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.014 | 240972 | 4 |
0.015 | 21890 | 1 |
0.018 | 55474 | 1 |
0.019 | 1000000 | 1 |
0.020 | 971200 | 4 |
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