The $1.65 was a bit of a gift to shareholders - at the time at least. News is pending so it's unlikely to remain this low for long.
If it stays sub $1.65 undoubtedly the retail offer will fail. Meaning they try again later or they take on more debt. They already have about $460 million, anyone calling the wha-wha-whambulance is probably being a bit pessimistic.
Institions will be thrilled buying at these levels. Each tree shake yielding cheap shares from compliant bedwetters.
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Last
97.0¢ |
Change
-0.015(1.52%) |
Mkt cap ! $2.388B | |||
| Open | High | Low | Value | Volume |
| 98.5¢ | 98.5¢ | 96.0¢ | $3.710M | 3.810M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 26588 | 97.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 97.5¢ | 231900 | 39 |
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| Last trade - 12.04pm 24/07/2024 (20 minute delay) ? |
| LTR (ASX) Chart |