Why wouldn't it be over subscribed. Trading at $2.8 placed at $2.30 who wouldn't buy them!
Typical of Petra, an easy cap raising and an easy $1m for them.
The company could have got a much better price if they tried for the benefit of existing shareholder.
As for their pathetic desperate attempt to get the price up with a crap rehash announcement, it seems to me like manipulation by the company to get the price up while placing at a much lower level....could this be!
On the bright side, having a good understanding of broking houses and their brokers this would have been sold on the back of pending news. Hopefully, it will be soon!
Why wouldn't it be over subscribed. Trading at $2.8 placed at...
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 (20min delay)
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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 |
View Market Depth
| Last trade - 10.19am 08/11/2024 (20 minute delay) ? |
| EOS (ASX) Chart |
