The interest for me is how much of the freebee gains for insto is collected today.
Shares will open at 1 14 and quickly drop towards 80c.
If the short term gainers sell (expected) it may drop below 80c.
A matching ann that $100m successfully placed will tend to introduced volume buyers who missed out to balance their initial requests and should quickly drive price above 80c.
If DRO ann a contract award this will drive price up back over $1 imo.
Obviously, if this happens the retail piece will close quickly as $5m not a lot to complete.. retail in good position here to watch and wait for a day or so imo.
gltalth
Ann: $70m Fully Underwritten Placement and up to $5m SPP, page-274
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 (20min delay)
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Last
$1.30 |
Change
-0.055(4.07%) |
Mkt cap ! $937.7M | |||
| Open | High | Low | Value | Volume |
| $1.37 | $1.43 | $1.26 | $28.36M | 21.14M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 39568 | $1.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.30 | 41597 | 3 |
View Market Depth
| Last trade - 16.10pm 06/06/2024 (20 minute delay) ? |
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Last
$1.30 |
Change
-0.055 ( 3.59 %) |
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| Open | High | Low | Volume | ||
| $1.37 | $1.43 | $1.26 | 4966243 | ||
| Last updated 15.59pm 06/06/2024 ? | |||||
| DRO (ASX) Chart |