Most probably amazement seeing there's not a couple of hundred million on offer.
159,709,078
But if the allocation was to be taken up, which hopefully they will be, either by shareholders or another placement after the SPP at 15 cents, there may be a retracement. But I believe it is considered a given that Prima will need this funding and dilution will occur. Remember where the share price was before the SPP was announced and hopefully having significant funds once it is complete should result in a share price rise, as the barriers to carry out phase IIb/III trials are overcome.
If shareholders are anticipating a retrace below 15 cents as an opportunity to purchase shares 'on market' instead of through the SPP, that would be dissapointing.
Just my thought. Regards
dc
- Forums
- ASX - By Stock
- re- dilution
Most probably amazement seeing there's not a couple of hundred...
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add IMM (ASX) to my watchlist
|
|||||
Last
33.5¢ |
Change
0.025(8.06%) |
Mkt cap ! $486.6M |
Open | High | Low | Value | Volume |
32.0¢ | 34.8¢ | 31.3¢ | $1.379M | 4.179M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 170360 | 33.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
34.0¢ | 115131 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 170360 | 0.330 |
2 | 28172 | 0.325 |
4 | 59365 | 0.320 |
5 | 77800 | 0.310 |
4 | 136393 | 0.305 |
Price($) | Vol. | No. |
---|---|---|
0.340 | 115131 | 3 |
0.345 | 114913 | 6 |
0.350 | 154463 | 8 |
0.355 | 69045 | 5 |
0.360 | 286430 | 5 |
Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
Featured News
IMM (ASX) Chart |