Seeking opinions. I want to participate in the SPP but do not have more funds that I am willing to put into the market. I sold 8000 ASM today @ $1.95. I will buy back in the SPP at $1.73. This appears to be a good deal for me and I will probably reinvest the full amount and thus have a few extra shares and will lower my average price. Is there any fallacies in my reasoning, if not I will probably sell more to be able to purchase my full allocation.
Thank you for any advice.
Ann: Institutional Placement raises $30m and SPP commences, page-217
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Last
55.5¢ |
Change
-0.020(3.48%) |
Mkt cap ! $99.72M | |||
| Open | High | Low | Value | Volume |
| 56.5¢ | 56.5¢ | 54.5¢ | $97.23K | 175.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 7054 | 55.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 56.0¢ | 38403 | 9 |
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| Last trade - 11.49am 18/09/2024 (20 minute delay) ? |
| ASM (ASX) Chart |