You're missing the point.
Again - given the high likelihood of a CDD CR since they made that announcement a month ago, it would have been wise to sell / not buy until the CR occurred, or it became clear that one in fact wasn't required. However many shares you have, if you had sold them at 90-95c, you'd be better off financially. Of course that assumes CDD goes below TERP on Monday, but as you yourself say, at this point that would seem likely.
News: CDD Cardno seeks trading halt, page-39
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Last
18.0¢ |
Change
0.010(5.88%) |
Mkt cap ! $7.030M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 18.0¢ | 16.5¢ | $51.72K | 289.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.5¢ | 100000 | 1 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| CDD (ASX) Chart |