Usually shares are issued before a placement, at the time of a placement or no more than a couple of days after the announcement. All depends on the company.
One would think that those who participated will wait for the $330m deal as they will be able to make well over a $1.00 per share profit.
Petra are bullish as is my broker sho is still talking closer to $4.00 post announcement.
Time will tell...
Ann: Oversubscribed placement raises $20.9m, page-24
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Last
$1.19 |
Change
0.010(0.85%) |
Mkt cap ! $271.0M | |||
| Open | High | Low | Value | Volume |
| $1.20 | $1.25 | $1.19 | $492.5K | 406.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 5279 | $1.19 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.20 | 11643 | 6 |
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| Last trade - 13.13pm 28/11/2024 (20 minute delay) ? |
| EOS (ASX) Chart |
