In terms of the SPP shares and options being converted, of course some investors will sell to lock in profit and others will convert the options and hold until ex date for more entitlements. Bottom line is what investors think the value of SS is and will it be developed. I always thought it would be developed eventually but now with BB involved it's a certainty. So with an SS NPV up near $700m with a MC of $150m do you think this "certainty" is worth a higher SP? Also what is the BB X factor worth? There are plenty funds who made a packet out of NST and would be backing BB to turn VXR into a multi billion MC. Long term investors would think anything under $1 cheap given his track record.
Entitlement Offer, page-5
Add DVP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.20 |
Change
-0.030(1.35%) |
Mkt cap ! $567.7M | |||
| Open | High | Low | Value | Volume |
| $2.24 | $2.25 | $2.18 | $769.4K | 346.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 45788 | $2.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.20 | 10984 | 2 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| DVP (ASX) Chart |