Could someone please explain why holders would take up their CR entitlement, when they can buy on=market at well below the CR price?
Not down ramping or any similar crap, just curious, as It makes no sense to me....... this is not criticism but a genuine query.
Am I missing something? I pay $9.50 per trade FLAT brokerage, so brokerage cost is not an issue
I am a current holder and have topped up below 6c, hence am not taking up my CR entitlement.
JRV Cobalt, page-522
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Last
1.9¢ |
Change
0.001(5.56%) |
Mkt cap ! $51.35M | |||
| Open | High | Low | Value | Volume |
| 1.9¢ | 1.9¢ | 1.8¢ | $10.05K | 539.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 1374463 | 1.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.9¢ | 1675557 | 6 |
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| Last trade - 16.10pm 03/07/2024 (20 minute delay) ? |
| JRV (ASX) Chart |