Thanks; they are not winning any points for transparency.
Underwriting agrements have 'out' clauses, NY and ASX down heavily, no 3B lodged.
Clearly placements are priced to be attactive (in this case a 'no brainer' would probably be closer to the mark). Placees have just done 40% on their dough ...
placement, page-3
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Last
1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $22.21M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.2¢ | 1.0¢ | $54.21K | 5.200M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 2294158 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 610944 | 1 |
View Market Depth
| Last trade - 16.10pm 05/06/2024 (20 minute delay) ? |
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Last
1.1¢ |
Change
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| Open | High | Low | Volume | ||
| 1.0¢ | 1.2¢ | 1.0¢ | 691583 | ||
| Last updated 14.56pm 05/06/2024 ? | |||||
| BLU (ASX) Chart |