This may seem like a dumb question. But why would retail participate in the SPP for $1.55, when they can buy at market right now for $1.40?
Example I bought the other day at $1.32 (first time holder).
Ann: Letter to shareholders regarding Share Purchase Plan Offer, page-13
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Last
$1.14 |
Change
-0.025(2.16%) |
Mkt cap ! $1.452B | |||
| Open | High | Low | Value | Volume |
| $1.17 | $1.17 | $1.13 | $14.61M | 12.79M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 647 | $1.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.14 | 109596 | 6 |
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| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| BGL (ASX) Chart |