Placement shares issued at 75% of VWAP during a specified trading period.
A high share price is the best outcome for this resolution.
There may be a pump or at least support if the share price drops too much.
If this is used wisely then I don't have a problem.
It's also available to them at any time until next AGM (i.e. 12 months).
Ann: Notice of Annual General Meeting, page-3
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Last
30.0¢ |
Change
0.010(3.45%) |
Mkt cap ! $215.0M | |||
| Open | High | Low | Value | Volume |
| 29.0¢ | 30.0¢ | 27.5¢ | $254.8K | 889.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 39326 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.5¢ | 2917 | 1 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| MDR (ASX) Chart |
