The general consensus appears to me to be that there is no consensus. Somewhere between 30 and 100%, added to which there are those who feel the SP will plummet once the placement is done and you'll be able to pick them up on market for the same price. I'm not sure whether that is this placement, or the next (corporate) one once the extra share issue has been approved at the AGM, which I presume it will.
So it all depends what you want and whether you feel lucky.
spp, page-5
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49.5¢ |
Change
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Mkt cap ! $45.74M | |||
| Open | High | Low | Value | Volume |
| 49.0¢ | 49.5¢ | 49.0¢ | $4.017K | 8.162K |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 19637 | 49.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 50.5¢ | 10000 | 1 |
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