Given its underwritten its obvious that the major holders and the underwriter are happy to buy a good chunk of the business at 10.8c. Could be an interesting days trade in the morning as the stock is still cum rights. I am betting they don't want the price to be bid up as that will mean the small holders may actually participate. I bought this arvo in the knowledge that the underwriters have had good look before committing to $20m.
Not one for the feint hearted IMO.
News: EHL Emeco Holdings launches A$20 million offer, page-5
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Last
88.0¢ |
Change
0.005(0.57%) |
Mkt cap ! $401.7M | |||
| Open | High | Low | Value | Volume |
| 87.0¢ | 88.0¢ | 86.8¢ | $731.1K | 837.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 64555 | 87.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 88.0¢ | 19448 | 2 |
View Market Depth
| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| EHL (ASX) Chart |
