Exactly what I've been saying for 2 days
Very very obvious what's gone on
And why on earth would it take 7 trading days to fill a raise at 50% discount to what it would have closed at Friday?
Unless it had to brought forward or risk the price running
Fair dinkum you could seriously fill a raising at this price at the local footy game
As for it being over subscribed, if it was then they wouldn't need 7 days, it would be back trading by now
And as for sophisticated investors, that guys from BW getting what accounts for a 12c entry price for zero risk
Why buy on market pre asset and take risk if your guaranteed 15c after it's secured?
Ann: $5 Million Institutional Placement, page-10
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Last
15.0¢ |
Change
-0.005(3.23%) |
Mkt cap ! $127.2M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.0¢ | 15.0¢ | $19.74K | 129.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 316563 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 68474 | 5 |
View Market Depth
| Last trade - 12.02pm 06/11/2024 (20 minute delay) ? |
| CAY (ASX) Chart |
