It seems the share placement has not only eaten away the premium to NTA, but is now leading the shares into an ever increasing discount to NTA.
Interested to know how many holders are holding off taking part in the share placement given the share price could soon drop below the share placement price of $2.34. I notice they have provided an updated NTA estimate, in an attempt to curb the continual decline. It doesn't seem to have worked.
One could feel quite upset buying a large parcel of shares for $2.34, through the placement, when you can get them cheaper on market.
Are people holding off on this?
(20min delay)