Yes, 1.5c is the break even for underwriters for distribution of head into the secondary market... after 10-20% fees and attached options are considered.. They would make a loss for anything less than that..
Option strike @ 3c in 12months as I can recall
Underwriters are distributing shortfall shares..., page-10
-
- There are more pages in this discussion • 55 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PEN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
9.2¢ |
Change
-0.001(1.08%) |
Mkt cap ! $293.2M | |||
| Open | High | Low | Value | Volume |
| 9.3¢ | 9.3¢ | 9.1¢ | $478.7K | 5.181M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 200000 | 9.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.3¢ | 384530 | 2 |
View Market Depth
| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| PEN (ASX) Chart |