This is why I didn't consider selling for a quick 10% gain. I was fortunate with the timing when I purchased at a considerably lower price last November. I tripled my holding last week at $0.81, and if I sold the shares issued under the SPP, I would be stressed about not being able to buy them back at a lower price. I think we are just one announcement away from a significant jump in the share price.
With the SPP out of the way, what is the expectation for the share price now? Will tranche 2 of the Placement weigh down the share price, even though it is only offered to sophisticated, professional, and institutional investors?
Ann: Strong Shareholder Support for Share Purchase Plan, page-78
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Last
$1.31 |
Change
0.085(6.94%) |
Mkt cap ! $1.142B | |||
| Open | High | Low | Value | Volume |
| $1.22 | $1.33 | $1.22 | $25.65M | 19.71M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 34319 | $1.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.31 | 52187 | 4 |
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| Last trade - 16.10pm 26/09/2024 (20 minute delay) ? |
| DRO (ASX) Chart |