SP’s don’t always drop down to the issue price, if demand is high enough. Time will tell how strong this is.
A few points I think people are missing:
- VUL had less than two quarters of funds left which meant no capacity to fast-track the DFS.
- Would the negative people still be negative if VUL didn’t release the AFR announcement and the SP had dropped to say $5 on speculation making a raise at $6.5 impossible? Forget missing out on 17%, your holdings would already be much lower.
Ann: Trading Halt, page-30
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Last
$4.06 |
Change
0.320(8.56%) |
Mkt cap ! $764.0M | |||
| Open | High | Low | Value | Volume |
| $3.83 | $4.07 | $3.81 | $2.778M | 706.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 128 | $4.04 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.06 | 4996 | 1 |
View Market Depth
| Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
| VUL (ASX) Chart |