Imo SPPs are rarely worth it, they just take soooooo long. I get why companies do it, trying to keep SH happy who will complain when the instos get all the CR $, but tbh complaining retail holders are probs just misguided about the benefits of SPPs compared to quick cash raises. Of course which insto you get matters as does the discount, but in general, Ive not seen too many SPPs do great in the short term.
Am waiting to see if it tips into the 7's before I start buying again. But geez its a good price atm.
Ann: $15M Placement Successfully Completed, page-97
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Last
3.7¢ |
Change
-0.002(5.13%) |
Mkt cap ! $93.28M | |||
| Open | High | Low | Value | Volume |
| 4.0¢ | 4.0¢ | 3.7¢ | $94.95K | 2.514M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 257499 | 3.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.8¢ | 325000 | 1 |
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| Last trade - 16.10pm 28/10/2024 (20 minute delay) ? |
| QPM (ASX) Chart |