I think you might be on to something.
Looks like they only took what they needed, saving dilution. This can be read as a short term positive. At least, with so much ramping up that is how I am reading it.
Also they closed the gap, intentionally or unintentionally, which is another positive.Buying on market at a discount is a good opportunity.
Ann: A$15M Placement completed and Entitlement Offer Undertaken, page-23
Add ASM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.01 |
Change
-0.005(0.49%) |
Mkt cap ! $181.5M | |||
| Open | High | Low | Value | Volume |
| $1.02 | $1.02 | $1.00 | $180.3K | 178.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 18088 | $1.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.02 | 3503 | 3 |
View Market Depth
| Last trade - 16.10pm 27/05/2024 (20 minute delay) ? |
|
|||||
|
Last
$1.02 |
Change
-0.005 ( 0.65 %) |
||||
| Open | High | Low | Volume | ||
| $1.02 | $1.02 | $1.00 | 50276 | ||
| Last updated 15.59pm 27/05/2024 ? | |||||
| ASM (ASX) Chart |