Can anyone please shed some light on why this share is trading at 20-30% above the issue price of 2 cents that the company intends to issues new shares at?
There is no guarantee that even the 2 cent shares will be subscribed to?
Is this share issue fully underwritten??
Lots of question??
why is it trading above the 2 cent issue price
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Last
14.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $40.11M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 14.0¢ | 14.0¢ | $875 | 6.251K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 113969 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 30405 | 2 |
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| Last trade - 11.27am 28/08/2024 (20 minute delay) ? |
| FML (ASX) Chart |