Trying to understand this.
Does this mean we retail investors don't get a bite at the 32c placement?
But if we hold at 17 Sept we get the 1:3.75 rights issue at 22c?
Surely the institutions will sell down their 32c as soon as they're tradeable?
Is it logical that we can expect .32 to be a floor? Or will it slide down to 22 - just as BLY has to its rights issue price of 27?
Anyone got any predictions on this?
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22.5¢ |
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Mkt cap ! $65.73M |
Open | High | Low | Value | Volume |
21.5¢ | 22.5¢ | 20.0¢ | $50.64K | 245.8K |
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No. | Vol. | Price($) |
---|---|---|
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Price($) | Vol. | No. |
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No. | Vol. | Price($) |
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1 | 20000 | 0.215 |
1 | 5563 | 0.205 |
3 | 16180 | 0.200 |
3 | 62205 | 0.195 |
Price($) | Vol. | No. |
---|---|---|
0.225 | 1221 | 1 |
0.230 | 5000 | 1 |
0.240 | 10000 | 1 |
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