Pretty disappointed about the timing of all of this, as I agree with other posters that in the absence of this "low-ball" capital raising and associated halt, we would have seen significant upside from the CSG frenzy.
Now I expect the downward pressure on the share price to maintain in the next few weeks as people sell out to re-buy in via the SPP.
Also not sure where other posters are getting their implied value of the option issue from. I have seen numbers of 15-20 c thrown about, but as it is a 1 for 10 issue, the value per BPT share will be only 1.5-2 c.
Am I reading this right?
should open lower, page-4
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Last
$1.52 |
Change
0.030(2.01%) |
Mkt cap ! $3.467B | |||
| Open | High | Low | Value | Volume |
| $1.51 | $1.53 | $1.50 | $7.728M | 5.090M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 23869 | $1.52 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.53 | 451692 | 3 |
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| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| BPT (ASX) Chart |