When a broker does the placement he/she wants it as low as possible....easy sell!
Try and get a broker to do a placement at market, even if its undervalued. They don't like it, all too hard!
$2.30 is not the true value of the stock, its the price Petra found to be nice and easy to place the stock....HENCE OVER SUBSCIBED!
Ann: Oversubscribed placement raises $20.9m, page-14
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 (20min delay)
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Last
$1.23 |
Change
0.020(1.66%) |
Mkt cap ! $271.0M | |||
| Open | High | Low | Value | Volume |
| $1.21 | $1.27 | $1.18 | $692.4K | 564.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 10759 | $1.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.25 | 30000 | 1 |
View Market Depth
| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| EOS (ASX) Chart |
