Looking at the 3B it looks like only a quarter of the SPP was taken up - so I guess we all get the lot. I'm quite surprised given the SP at the time it closed but no doubt many burnt on SPPs in recent times and not willing to lose control of the shares for so long.
As I understood it this cash was not required to get the mine underway so it just means less dilution, and less dumping for a stag profit so the SP may hold up post issue.
Looking at the 3B it looks like only a quarter of the SPP was...
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Last
$1.94 |
Change
-0.060(3.01%) |
Mkt cap ! $2.214B | |||
| Open | High | Low | Value | Volume |
| $1.96 | $2.00 | $1.94 | $5.181M | 2.651M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 69014 | $1.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.95 | 3271 | 1 |
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| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| RMS (ASX) Chart |