"we will absolutely go to $2.50 or less - you can guarantee it!!!"
Er, no you can't.
Shareholders are selling in order to take up the rights issue at $2.50. If it goes to $2.50 they will stop selling as there would be a cost of broker fees which would make it an uneconomic decision.
will ipl go to 2.50?, page-25
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Last
$2.96 |
Change
0.000(0.00%) |
Mkt cap ! $5.748B | |||
| Open | High | Low | Value | Volume |
| $2.94 | $2.97 | $2.93 | $17.85M | 6.047M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 43989 | $2.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.97 | 135691 | 6 |
View Market Depth
| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| IPL (ASX) Chart |