I have read the retail entitlement offer booklet and it looks like retail subscribers can't apply for additional shares in the event of a shortfall in uptake. There are always some holders who do not take their allocations. Am I right to believe that these will only go to friends at the top end of town?
Short fall applications
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Last
14.3¢ |
Change
0.003(1.79%) |
Mkt cap ! $43.50M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 14.3¢ | 14.0¢ | $12.43K | 88.83K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 1707015 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 1606111 | 13 |
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| 5GN (ASX) Chart |