Up there with one of the dumbest things I've ever read
Share price will drop down to around the entitlement offer price, and then follow the copper spot price up or down as it travels for the foreseeable future. Might go lower in the short to mid term while the recession plays out & China continues to fumble around, then global supply/demand dynamics kick in and it should go back up due to lack of new copper projects
Anyone who says anything other than this honestly has no idea what they're talking about, and it boggles me how they could even work out how to buy individual stocks in the first place
Ann: Sandfire Entitlement Offer Investor Presentation, page-42
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Last
$8.89 |
Change
0.390(4.59%) |
Mkt cap ! $4.066B | |||
| Open | High | Low | Value | Volume |
| $8.61 | $8.90 | $8.60 | $27.96M | 3.168M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 10569 | $8.81 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.90 | 28998 | 5 |
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| SFR (ASX) Chart |