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?
Trying to understand this. Does this mean we retail investors...
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Last
22.5¢ |
Change
-0.015(6.25%) |
Mkt cap ! $65.73M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 22.5¢ | 20.0¢ | $50.64K | 245.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 27019 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 1221 | 1 |
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| Last trade - 15.46pm 04/09/2024 (20 minute delay) ? |
| NXS (ASX) Chart |