You can make your own assessment of whether the share price will stay high or not. If you think it will stay up you can keep your stock and conceivably add to it at a lower price. If you think the price will come off you could sell your current stock and buy it back.
A placement of $217 mil was filled very quickly at $1.56 and another of $50 mil for retail will close on 14 August. After that, the FY24 financials will be published on 26 August and the latest cashflow report was published only a few days ago. Those will ultimately guide many investors toward
You need to make an assessment of a range of factors covering the current share price, whether the offer makes good sense and value, and your perception of what could happen to your investment in the future.
ZIP Price at posting:
$2.01 Sentiment: None Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
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