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5.26%

10.0¢ pyc therapeutics limited

Agree Am sure any shortfall would be snapped up

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ralom

17,443 Posts.

411

05/04/24

15:40

Post #: 73210028
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Originally posted by standalone ↑

this from the offer document

Any Shortfall Shares will be issued at a price not less than the Offer Price under the Retail
Entitlement Offer. The Directors reserve the right to issue any New Shares at a price
higher than the Offer Price.

Am guessing there will be the inevitable shortfall. Imagine if they place the shares to a willing buyer at a premium to the offer!!

Sometimes in these types of rights offers, shareholders have the right to subscribe for additional shares over and above their entitlement. not so in this instance.

No oversubscription under the Entitlement Offer will be accepted by the Company.

My guess is that PYC already has a plan to place the shortfall

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Agree
Am sure any shortfall would be snapped up

PYC Price at posting: 9.1¢ Sentiment: None Disclosure: Held
1 Upvote

0 Great analysis

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(20min delay)
Last 10.0¢		Change 0.005(5.26%)		Mkt cap ! $466.6M

Open	High	Low	Value	Volume
10.0¢	10.0¢	9.7¢	$126.7K	1.277M

Buyers (Bids)

No.	Vol.	Price($)
2	10306	9.8¢

Sellers (Offers)

Price($)	Vol.	No.
10.0¢	91480	2

View Market Depth

No.	Vol.	Price($)
2	10306	0.098
1	18769	0.097
5	98841	0.095
1	10637	0.094
1	10860	0.093

Price($)	Vol.	No.
0.100	91480	2
0.105	456000	5
0.110	618937	4
0.115	889423	5
0.120	1894379	9

Last trade - 16.10pm 14/05/2024 (20 minute delay)


Last 9.9¢			Change 0.005 ( 4.21 %)
Open	High		Low	Volume
10.0¢	10.0¢		9.7¢	96942
Last updated 15.25pm 14/05/2024 ?

PYC (ASX) Chart