The other consequence of yesterdays trading halt is that many last minute SPP applications intentions probably were aborted and today is most likely too late (even with BPAY)
Company has received in excess of $1.8m in applications under the SPP (so likely to be some shortfall?
This announcement suggests that the underwriter is quite happy to pick up any shortfall - given they had grounds to exit but chose not to
I'm a little puzzled why people buy now ?? isn't the SP going to go lower due to the SPP
Ann: SPP Update, page-3
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Last
12.5¢ |
Change
-0.005(3.85%) |
Mkt cap ! $381.9M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 13.0¢ | 12.5¢ | $364.4K | 2.865M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 92 | 3938185 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 951283 | 16 |
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| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| ARU (ASX) Chart |
