I don't think the stock price will depreciate too much. Its only a 1 for 5, not a 1 for 1. Say you bought at $7.75, then ($7.75x5 +$5.75)/6 gives an average cost price of $7.42. It all depends on what the instos will pay for the rights.
The SP might even go up, given that the company is more financially sound with reduced debt, a profit forecast confirmed for now.
I don't think the stock price will depreciate too much. Its only...
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Last
$4.66 |
Change
0.000(0.00%) |
Mkt cap ! $1.781B | |||
| Open | High | Low | Value | Volume |
| $4.71 | $4.71 | $4.65 | $257.5K | 54.82K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 7932 | $4.66 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.67 | 2809 | 11 |
View Market Depth
| Last trade - 10.50am 01/08/2024 (20 minute delay) ? |
| NUF (ASX) Chart |