retail shortfall generally means that if there retailer shareholders apply for 80% of the 100% available, the underwriters are obliged to buy the remaining 20% at 26c - they are normally paid a fee to underwrite as well which means they get shares at slightly less than 26c "maybe it's different this time" but maybe there are some underwriters wanting to pickup shares at 26c or people who are short that want the price driven down and don't want the retail shareholders to oversubscribe
retail shortfall generally means that if there retailer...
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Last
$10.14 |
Change
0.080(0.80%) |
Mkt cap ! $3.031B | |||
| Open | High | Low | Value | Volume |
| $10.39 | $10.54 | $10.10 | $13.51M | 1.311M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1928 | $10.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.16 | 990 | 1 |
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| Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
| PDN (ASX) Chart |