I was stupidly thinking last week that I might take up my allocation of shares at 65c in the rights issue, however i've now woken up and realised what a stupid idea that would be!
I won't touching them unless a miracle happens and we're trading near $1 at that time in August.
I imagine others would feel the same, I've taken up other SPP's in the last 6 months and each time the share price has fallen under the issue price.
This time the price is already under the issue price so how stupid do they think people are?! By the time the documents are sent out we'll probably be under 50c so I guess the price will be changed.
For a company with so much potential its very sad to see!
I wish the Chinese would come and make an offer!
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
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1 | 83 | 19.5¢ |
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Price($) | Vol. | No. |
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No. | Vol. | Price($) |
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2 | 136580 | 0.190 |
2 | 11065 | 0.180 |
1 | 17148 | 0.175 |
1 | 6010 | 0.165 |
Price($) | Vol. | No. |
---|---|---|
0.200 | 5555 | 1 |
0.205 | 20000 | 1 |
0.210 | 14000 | 1 |
0.215 | 25000 | 1 |
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