I reckon they may have to extend the deadline again, especially if gold shows signs of another leg up in the next few days.
I just can’t see many retail investors at all taking part, when they can buy at a 70c discount right now on market. Seems logical to extend the deadline and hope a gold bull run eventuates one the next month. Otherwise we will be left with an institutional getting way more shares than expected in the shortfall and will likely be forced to sell many on market, restricting any future rises.
Ann: December 2023 Quarterly Report, page-163
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Last
$3.87 |
Change
-0.020(0.51%) |
Mkt cap ! $7.685B | |||
| Open | High | Low | Value | Volume |
| $3.82 | $3.87 | $3.79 | $29.88M | 7.778M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 121987 | $3.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.88 | 198981 | 8 |
View Market Depth
| Last trade - 16.10pm 05/06/2024 (20 minute delay) ? |
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Last
$3.86 |
Change
-0.020 ( 0.93 %) |
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| Open | High | Low | Volume | ||
| $3.82 | $3.87 | $3.80 | 2401344 | ||
| Last updated 15.59pm 05/06/2024 ? | |||||
| EVN (ASX) Chart |