But this is the sweet spot, that's what I'm trying to say.
Any earlier, and we would have had a VWAP under 10c. Any later and we risk drifting back down there again (even today's trades will now weight on that 5 day period). There is an opportunity right now to put cash in the bank that may not be as attractive at a future point in time, and definitely wasn't attractive last month.
Directors weigh these calls all the time. I know we all hate CR's, but they are a necessary dilutionary evil, and we're better to do it at 13c than 9c
Constrained Value Estimate, page-15
-
- There are more pages in this discussion • 44 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SUM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
19.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $16.11M | |||
| Open | High | Low | Value | Volume |
| 19.0¢ | 20.0¢ | 18.0¢ | $119.5K | 641.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 44774 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.0¢ | 4700 | 1 |
View Market Depth
| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| SUM (ASX) Chart |