Wonder if Ord would pull out of underwriting the entitlement offer. They have the option to as ASX decreased by 10%.
If the stock price remain below offer price, the offer is likely to go unfilled. Would this create a cash crunch?
Something is afoot, page-62
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Last
$3.25 |
Change
0.120(3.83%) |
Mkt cap ! $121.1M | |||
| Open | High | Low | Value | Volume |
| $3.13 | $3.25 | $3.13 | $76.43K | 23.93K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 931 | $3.21 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.25 | 1145 | 2 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| TRS (ASX) Chart |