Anytime there is a raise at a significant discount to the shareprice, its an immediate sell.
It creates an instant arbitrage opportunity for shareholders.
Sell at 14c, buy back at 10c and pocket the 4 cents per share as profit, risk-free.
Ann: Corporate update and equity raising, page-85
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Last
18.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $147.9M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 18.5¢ | 17.5¢ | $383.7K | 2.122M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 639353 | 17.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 104606 | 3 |
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| Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
| BTH (ASX) Chart |