re: placement vs spp cheque worry . I wonder if dumping by placementees after 4th March ahead of the SPP close on 8th March will cause the SPP to be a dud. Often SPP applicants hold off until a day before closure.
$9M of placementee shares, if dumped, could drive the SP below a worthwhile margin for the SPP. The SPP is only at a 10% gain at present which is a relatively thin margin already.
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Last
$32.94 |
Change
0.450(1.39%) |
Mkt cap ! $7.849B | |||
| Open | High | Low | Value | Volume |
| $32.42 | $32.94 | $32.24 | $38.79M | 1.187M |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2643 | $32.92 |
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| Price($) | Vol. | No. |
|---|---|---|
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| ALD (ASX) Chart |