Jemma, One thing I do agree with you is about the underwriting. There was no need to underwrite. With the discount and the ability to buy more the take up should be pretty high (eg well above 80%). This would achieve most of the objective and avoid the fee.
proposed cap raising, page-23
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Last
$2.78 |
Change
0.040(1.46%) |
Mkt cap ! $1.023B | |||
| Open | High | Low | Value | Volume |
| $2.77 | $2.78 | $2.76 | $105.9K | 38.35K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 6532 | $2.77 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.78 | 1673 | 5 |
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| Last trade - 10.19am 10/09/2024 (20 minute delay) ? |
| CQE (ASX) Chart |