Yes I agree. If it was such a selling point then for $2.5M shares, this is $10M so you'd imagine that'd be top billing.
My sentiment is SELL as I believe we'll see a better buying opportunity soon. Seen a few of these CRs now on the ASX for various stocks and they almost always cause the SP to fall to either just above or at the CR price. Unless Ag prices really skyrocket between now and then, and considering the recent price action, my personal feeling is that it's most likely that we'll see 10.5c... I may be wrong of course, time will tell.
I've seen a few arguments here as to why this won't happen, but I'm not convinced.
Yes I agree. If it was such a selling point then for $2.5M...
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Last
16.0¢ |
Change
0.005(3.23%) |
Mkt cap ! $241.2M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 16.5¢ | 15.5¢ | $409.0K | 2.553M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 206187 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 941680 | 20 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| SVL (ASX) Chart |