It's simple. Wait until after the AGM and see how the share price does. You'll have time to buy if you want to.
If the share price is 30c or above then there it's a rational decision to buy. If not, then you then it would be irrational to buy.
It's likely that if WP can't ramp this up to 30c+ after the AGM then it's likely that it will fall further that it already has.
Now before the angry ones like @inquisitive1 bite my head of for being objective again and not wearing the rose coloured glasses that seem popular in this forum - I am happy to offer my SPP rights to anybody else here if the share price stays below 30c. Obviously nobody would accept an offer from me to buy something for 30c that they can get cheaper on the stock market, right?
SPP - Whether to participate or not, page-3
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Last
$18.20 |
Change
-0.200(1.09%) |
Mkt cap ! $349.8M | |||
| Open | High | Low | Value | Volume |
| $18.50 | $18.50 | $18.00 | $77.59K | 4.263K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 206 | $18.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.70 | 34 | 1 |
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| Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
| AVR (ASX) Chart |