the underwriters and sub underwritwers had to take up 590.8Million shares not taken up in the retail offer. This overhang of stock will take a while to clear. Close to 50M shares traded over each of the past two days, so if this keeps up, perhaps the overhang will be resolved/cleared in a few weeks max. Meanwhile , expect a bumpy ride.
FT
the underwriters and sub underwritwers had to take up...
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Last
2.8¢ |
Change
-0.002(6.67%) |
Mkt cap ! $17.32M | |||
| Open | High | Low | Value | Volume |
| 2.9¢ | 2.9¢ | 2.6¢ | $35.74K | 1.332M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 125000 | 2.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.8¢ | 129619 | 1 |
View Market Depth
| Last trade - 16.10pm 31/10/2024 (20 minute delay) ? |
| ARI (ASX) Chart |