there is an argument that having more shares issued to cornerstone investors at a premium allows the register to be a bit looser (assuming they on sell them at some point) to eventually track higher. It's not always just about dilution to existing shareholders without upside. As mentioned I don't think they need it now, but I have no issue with them issuing shares at a premium at the right time to be able to develop assets. Am I wrong saying that most large companies have more shares on issue that BTR? Legit question and not baiting, it's just my thought that there is a balance between having too few shares on issue to put off the big guys taking a big stake, because buying on market is very costly to having too many where it's hard to provide scarcity. I may be very wrong as I have no real experience in this field, but just an observation
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46.5¢

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Last
46.5¢ |
Change
0.015(3.33%) |
Mkt cap ! $219.7M |
Open | High | Low | Value | Volume |
46.0¢ | 46.5¢ | 45.5¢ | $512.6K | 1.111M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 57590 | 45.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
46.5¢ | 24999 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 57590 | 0.455 |
32 | 287814 | 0.450 |
11 | 237657 | 0.445 |
20 | 171941 | 0.440 |
9 | 141108 | 0.435 |
Price($) | Vol. | No. |
---|---|---|
0.465 | 18000 | 2 |
0.470 | 40124 | 3 |
0.475 | 52195 | 2 |
0.480 | 142520 | 5 |
0.485 | 13000 | 1 |
Last trade - 16.10pm 08/07/2025 (20 minute delay) ? |
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BTR (ASX) Chart |