Typically in situations like this the SP drifts lower as "sophisticated" investors often prefer to bank a quick profit than become long term holders. That is why I agree with you honeysoy that it is not fair to exclude shareholders from the opportunity to participate in the CR.
we can't say for sure whether holders would choose to participate and we can't say for sure whether the price will drop. But that is not the point. The point is shareholders are being denied the opportunity and the opportunity is being offered to "sophisticated" investors.
- Forums
- ASX - By Stock
- LPE
- Ann: Trading Halt
Ann: Trading Halt, page-19
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LPE (ASX) to my watchlist
|
|||||
Last
12.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $21.62M |
Open | High | Low | Value | Volume |
12.0¢ | 12.5¢ | 12.0¢ | $20 | 160 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 478414 | 12.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.5¢ | 30465 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 478414 | 0.120 |
1 | 50000 | 0.115 |
5 | 703732 | 0.110 |
1 | 50000 | 0.086 |
1 | 20000 | 0.025 |
Price($) | Vol. | No. |
---|---|---|
0.125 | 30465 | 3 |
0.130 | 448145 | 6 |
0.135 | 462500 | 4 |
0.140 | 470000 | 3 |
0.150 | 8000 | 1 |
Last trade - 15.32pm 06/09/2024 (20 minute delay) ? |
Featured News
LPE (ASX) Chart |