From my reading of company advice, Wroxby will not be taking up any unsold retail shares. I read that the retail sub-underwriter will be taking them up. I believe that with only 20% of the retail shares being taken up by shareholders, the sub-underwriter will need to stump up over $20 million to acquire the unsold shares. Did they budget for that level of take up?
The new retail shares will list on 16 October. How many of the sub-underwriters shareshit the market on that date.
Retail Shares
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Last
24.0¢ |
Change
0.005(2.13%) |
Mkt cap ! $692.2M | |||
| Open | High | Low | Value | Volume |
| 24.0¢ | 24.0¢ | 24.0¢ | $36.07K | 150.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 113994 | 23.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.0¢ | 3381 | 1 |
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| Last trade - 13.25pm 10/07/2024 (20 minute delay) ? |
| BCI (ASX) Chart |