In My opinion.....I think that many will take up the new shares (but not the full $15,000 worth) and then a significant number of them will do a sell off to make a quick profit and recoupe some of that $15,000 outlay.....then IMO the S/P will drift back to the SPP starting point.
What a horrible time of year to raise say $15,000 and how quickly this has happened is mind blowing.
spp, page-2
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Last
24.0¢ |
Change
-0.005(2.04%) |
Mkt cap ! $692.2M | |||
| Open | High | Low | Value | Volume |
| 24.5¢ | 24.5¢ | 24.0¢ | $19.86K | 81.72K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 831078 | 24.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.5¢ | 73168 | 2 |
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| Last trade - 15.56pm 22/07/2024 (20 minute delay) ? |
| BCI (ASX) Chart |