72c not really fair value when the subscribers get 1 free option ($1 exercise price in 3 years time) for every 2 shares issued.. So they may not care about taking a small loss on the heads now (even if they believe the share price will triple in 3 years time).. They can just move to the next capital raising with free options attached.
Ann: Institutional Placement Closes Well Oversubscribed, page-15
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Last
41.0¢ |
Change
0.008(1.86%) |
Mkt cap ! $66.59M | |||
| Open | High | Low | Value | Volume |
| 38.5¢ | 41.5¢ | 38.5¢ | $7.375K | 18.05K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 57097 | 38.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 41.0¢ | 1116 | 1 |
View Market Depth
| Last trade - 15.36pm 19/11/2024 (20 minute delay) ? |
| ELS (ASX) Chart |
