This is why I didn't consider selling for a quick 10% gain. I was fortunate with the timing when I purchased at a considerably lower price last November. I tripled my holding last week at $0.81, and if I sold the shares issued under the SPP, I would be stressed about not being able to buy them back at a lower price. I think we are just one announcement away from a significant jump in the share price.
With the SPP out of the way, what is the expectation for the share price now? Will tranche 2 of the Placement weigh down the share price, even though it is only offered to sophisticated, professional, and institutional investors?
This is why I didn't consider selling for a quick 10% gain. I...
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Last
92.0¢ |
Change
0.025(2.79%) |
Mkt cap ! $665.5M | |||
| Open | High | Low | Value | Volume |
| 89.0¢ | 92.5¢ | 87.5¢ | $3.015M | 3.323M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 17093 | 92.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 92.5¢ | 17300 | 2 |
View Market Depth
| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
92.5¢ |
Change
0.025 ( 3.41 %) |
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| Open | High | Low | Volume | ||
| 88.5¢ | 92.5¢ | 87.5¢ | 741248 | ||
| Last updated 15.59pm 24/05/2024 ? | |||||
| DRO (ASX) Chart |