I don't really understand all this as much as others but this is utsstudent thoughts on what could happen over the next 20 days..
Originally posted by utsstudent - Hope you don't mind me copying it.
"Also keep in mind that its in Kerrie Stokes / Sevin Holdings best interest to get this share as close to 4.60 as they can in the in the 20days from the 6th of September till the 26th of September ( this date range will determine their DRP price...)....They need to get SWM's average price as close to 4.60 in this range to minimise the losses they face with the derivative contract they wrote with Deutshe bank....and they would be allowed to buy up to 3% of SWM's shares on the market if they wanted too"
drp price - games being played, page-2
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Last
16.5¢ |
Change
0.010(6.45%) |
Mkt cap ! $253.9M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 16.5¢ | 15.5¢ | $127.9K | 790.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 31250 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 102298 | 3 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| SWM (ASX) Chart |