Going to be interesting to see how the retail component goes... was a terrible uptake in the last cap raise. Even though it was money for jam... 1.80 raise price and I think the SP was mid 2's when the offer closed.
Option 1 - Take part - get your cost average down. In the hope of a take over / slow recovery.
Option 2 - Do nothing - wait for the dust to settle / next trading update. The talk of "green shoots" by the CEO is getting a bit tiresome.
Option 3 - Sell - lock in capital loss. Preserve some capital in case the company completely fails / receivership.
it's a difficult one, could really go any way from here : )
I see Macquarie has ceased coverage of APX!
Ann: Trading update and fully underwritten A$30m equity raising, page-55
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Last
46.5¢ |
Change
-0.010(2.11%) |
Mkt cap ! $103.6M | |||
| Open | High | Low | Value | Volume |
| 47.5¢ | 47.5¢ | 46.5¢ | $467.5K | 997.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 282250 | 46.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 47.0¢ | 5000 | 1 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| APX (ASX) Chart |