When a broker does the placement he/she wants it as low as possible....easy sell!
Try and get a broker to do a placement at market, even if its undervalued. They don't like it, all too hard!
$2.30 is not the true value of the stock, its the price Petra found to be nice and easy to place the stock....HENCE OVER SUBSCIBED!
Ann: Oversubscribed placement raises $20.9m, page-14
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 (20min delay)
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Last
$1.30 |
Change
0.045(3.60%) |
Mkt cap ! $271.0M | |||
| Open | High | Low | Value | Volume |
| $1.27 | $1.33 | $1.27 | $334.4K | 258.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2060 | $1.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.30 | 3752 | 4 |
View Market Depth
| Last trade - 10.18am 03/12/2024 (20 minute delay) ? |
| EOS (ASX) Chart |
