with the SP almost half what Sumitomo paid and in free fall, you'd imagine they'd get the 250m rights riasing put to bed asap.
With the SP now near long term support 7.30-7.50 wouldn't be surprised if we get a halt in the near term. Little point selling now if you still hold with the rights only 1 for 5.
Worth considering an entry too for the rights imo.
renounceable rights
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Last
$3.73 |
Change
0.060(1.63%) |
Mkt cap ! $1.426B | |||
| Open | High | Low | Value | Volume |
| $3.70 | $3.73 | $3.67 | $3.308M | 893.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2763 | $3.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.73 | 3069 | 1 |
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| Last trade - 16.10pm 10/10/2024 (20 minute delay) ? |
| NUF (ASX) Chart |