It shouldn't take over a month and $976k isn't huge coin.
Benefit to placing to sophs and instos is that they have access to fast cash. Normally they'll have a day to decide whether they commit or not.
Check the placement/SPP announcement re; timeline of issue of shares.
So at the moment, $570k has yet to be received from the placement and no commentary from management. It's very relevant for SPP participants.
Ann: Share Purchase Plan, page-24
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Last
15.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $107.4M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.0¢ | 14.5¢ | $50.94K | 342.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 200250 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 270706 | 3 |
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| Last trade - 16.10pm 26/11/2024 (20 minute delay) ? |
| AEE (ASX) Chart |
