Exactly what I've been saying for 2 days
Very very obvious what's gone on
And why on earth would it take 7 trading days to fill a raise at 50% discount to what it would have closed at Friday?
Unless it had to brought forward or risk the price running
Fair dinkum you could seriously fill a raising at this price at the local footy game
As for it being over subscribed, if it was then they wouldn't need 7 days, it would be back trading by now
And as for sophisticated investors, that guys from BW getting what accounts for a 12c entry price for zero risk
Why buy on market pre asset and take risk if your guaranteed 15c after it's secured?
Ann: $5 Million Institutional Placement, page-10
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CAY (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
15.0¢ |
Change
-0.005(3.23%) |
Mkt cap ! $127.2M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.0¢ | 15.0¢ | $67.23K | 446.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 191931 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 38480 | 4 |
View Market Depth
| Last trade - 15.37pm 06/11/2024 (20 minute delay) ? |
| CAY (ASX) Chart |
