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2.94% 7.0¢ image resources nl

Ann: 102 MT INAUGURAL DREDGE MINING MINERAL RESOURCE ESTIMATE, page-36

  1. Autosime
    20,409 Posts.
    lightbulb Created with Sketch. 1991
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    06/04/21
    17:11
    Post #: 52278770
    Guys
    I think the way the DRP has been structured there is a ST arbitrage opportunity
    The VWAP for DRP was 10 days from the 17 march . My rough estimates is about 18.2c. with a 5% discount you can sell at 20c and get DRP shares 17.3 so for instos it may indeed be a worthwhile arbitrage
    IMA Price at posting: 18.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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Last
7.0¢ 		Change
0.002(2.94%) 		Mkt cap ! $76.30M
Open High Low Value Volume
7.0¢ 7.0¢ 7.0¢ $17.51K 250.1K

Buyers (Bids)

No. Vol. Price($)
4 374000 6.8¢
 

Sellers (Offers)

Price($) Vol. No.
7.0¢ 22143 1
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Last trade - 10.04am 12/08/2024 (20 minute delay) ?
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