An offer of this size wouldn't logically cause the share price to fall to $4.60. The decline it would cause can be calculated and I'll post a sample calculation if I can make the time to do it.
Would also expect the small decline resulting from the offer to already be priced into the share price.
Of course a significant event unrelated to the share offer could cause the share price to move to $4.60, less than $4.60 or more than $4.60.
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Last
$5.18 |
Change
-0.020(0.38%) |
Mkt cap ! $1.580B | |||
| Open | High | Low | Value | Volume |
| $5.17 | $5.21 | $5.15 | $2.777M | 536.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 13736 | $5.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.20 | 893 | 2 |
View Market Depth
| Last trade - 16.10pm 29/07/2025 (20 minute delay) ? |
| BGA (ASX) Chart |