Yep. Whinging shorters will be all over this, after complaining to the ASX
as to why SP went up. ASX query, read announcements.
As for entitlement of 1 for 40, and free option at ridiculous exercise price,
don't think I will bother, which the "sophisticated investor's" are hoping for.
Let's see, 16,000 @ 1:40= 400, then pay for entitlement by bPay, and wait.
NAH. Go hard shorters, and I will buy more than my entitlement of 400
market, at whatever the "shortmen" get the SP down to. $1.04 maybe.
I'm not a sophisticated investor, so, my average down to be even, is another
3,200. That's 20% of current holdings, VWAP blah blah blah............
My broker will give a PRICE WARNING, and may not accept the order, as it
less than % of last closing price, blah, blah, blah.
That's the negativity out of the way. I believe ASM has a future, that's why I
invested in the company, but, time and time again, it seems CAPITAL RAISES,
are for the elite "sophisticated investors", pre-empting current holders.
If ASM gave me the option, I would have put another $50k in. NUP.
Recent entitlement offer subscribeb to, gave 6 for 7, plus option, and top up.
Won't be taking up the offer, will buy cheaper at market. GLTAH
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Last
75.0¢ |
Change
-0.015(1.96%) |
Mkt cap ! $135.8M |
Open | High | Low | Value | Volume |
75.5¢ | 76.5¢ | 73.0¢ | $412.9K | 556.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 149671 | 74.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
75.0¢ | 1159 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 149671 | 0.740 |
4 | 33500 | 0.735 |
4 | 468576 | 0.730 |
4 | 13880 | 0.725 |
1 | 5000 | 0.720 |
Price($) | Vol. | No. |
---|---|---|
0.750 | 1159 | 1 |
0.760 | 1300 | 1 |
0.765 | 1000 | 1 |
0.790 | 1500 | 1 |
0.800 | 7620 | 3 |
Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
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ASM (ASX) Chart |