underwritten at $2.95 is not bad considering would have been trading around the $3.30 today anyway. If oversubscribed by instos then might not fall as much as could have.
Just have to trust management on this one.
They’ve done a great job last many years so will give them credit that they see value here and going to create more value than other opportunities short term
Could end up being good passive income long term to invest in other opportunities like RED etc that will arise over time
- Forums
- ASX - By Stock
- SAR
- Super Pit ... Super Smart ???
Super Pit ... Super Smart ???, page-40
-
-
- There are more pages in this discussion • 285 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
CC9
Chariot Corporation (ASX:CC9) refines Black Mountain strategy, launching Pilot Mine to seize U.S. lithium opportunity
NEWS
Breakthrough programs slash healthcare events, driving a significant A$1.8M+ annual revenue boost