Would it ? Psychologically maybe.
Non holders will have to buy via ASX if they sense a future profit, so if there’s enough demand it should push the SP, regardless of the spp, imo.
Holders would surely channel their $$ into the SPP I would think - you get the Options at $0.65 plus the funds go direct to Galan. The way the SP is responding to the futures, plus any good news from glencores funding is starting to make a $0.65 SP
look not too distant, then you’re in the money with all upside free.
General Discussion Banter GLN, page-14640
Add GLN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
13.5¢ |
Change
-0.005(3.57%) |
Mkt cap ! $83.44M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 14.0¢ | 13.0¢ | $105.7K | 784.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 30 | 888629 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 95198 | 6 |
View Market Depth
| Last trade - 10.19am 15/10/2024 (20 minute delay) ? |
| GLN (ASX) Chart |