I mean, the prospectus doesn't specifically say if you sell your shares you'll get no allocation. Its basically a catch all rule clause thrown in there saying we can do whatever the hell we want at the end of the day. So, no, I wouldn't say it was really "explained".
But anyway, someone has to lose for others to win.
<- this guy
I don't think the share price will stay at 1.3 today, particularly with everyone receiving their new shares. But yes, once I get over my disappointment, I'll re-evaluate. I think it would have to drop to my sell price for me to really consider it.
Ann: A$10m SPP Closes Substantially Oversubscribed, page-73
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Last
11.0¢ |
Change
0.010(10.0%) |
Mkt cap ! $350.5M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 11.0¢ | 10.0¢ | $1.538M | 14.43M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 268799 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 5585591 | 46 |
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