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
$1.27 |
Change
-0.025(1.93%) |
Mkt cap ! $271.0M | |||
| Open | High | Low | Value | Volume |
| $1.30 | $1.31 | $1.27 | $117.3K | 91.05K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 10180 | $1.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.28 | 1371 | 2 |
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| Last trade - 10.19am 08/11/2024 (20 minute delay) ? |
| EOS (ASX) Chart |
