I have decided that it is not worth taking up my entitltments to this offer. I have contacted computershare and they advised that the proceeds haven't been banked as yet so I will be putting a stop on my cheque. I doubt very much that between now and the time news is released the shareprice will stay above the rights price so for me it is not a financially sound decision.
I will wait over the next few weeks to see what actions directors take to see if I will invest any further monies into this company. For anybody out there whom has sent a cheque off it is not too late for you to change your mind. I know I was the only one out of a dozen or so friends whom have shares in poseidon that was going to take up their rights and I can understand now why they didn't.
it's not too late if you act quickly
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Last
0.6¢ |
Change
0.001(20.0%) |
Mkt cap ! $25.22M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.6¢ | 0.6¢ | $25.55K | 4.259M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 36 | 17019881 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 9886179 | 13 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| POS (ASX) Chart |