Yep. Whinging shorters will be all over this, after complaining to the ASX
as to why SP went up. ASX query, read announcements.
As for entitlement of 1 for 40, and free option at ridiculous exercise price,
don't think I will bother, which the "sophisticated investor's" are hoping for.
Let's see, 16,000 @ 1:40= 400, then pay for entitlement by bPay, and wait.
NAH. Go hard shorters, and I will buy more than my entitlement of 400
market, at whatever the "shortmen" get the SP down to. $1.04 maybe.
I'm not a sophisticated investor, so, my average down to be even, is another
3,200. That's 20% of current holdings, VWAP blah blah blah............
My broker will give a PRICE WARNING, and may not accept the order, as it
less than % of last closing price, blah, blah, blah.
That's the negativity out of the way. I believe ASM has a future, that's why I
invested in the company, but, time and time again, it seems CAPITAL RAISES,
are for the elite "sophisticated investors", pre-empting current holders.
If ASM gave me the option, I would have put another $50k in. NUP.
Recent entitlement offer subscribeb to, gave 6 for 7, plus option, and top up.
Won't be taking up the offer, will buy cheaper at market. GLTAH
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- Ann: A$15M Placement completed and Entitlement Offer Undertaken
Yep. Whinging shorters will be all over this, after complaining...
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Last
80.5¢ |
Change
-0.015(1.83%) |
Mkt cap ! $145.8M |
Open | High | Low | Value | Volume |
82.0¢ | 83.0¢ | 79.0¢ | $384.5K | 476.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 11039 | 79.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
80.5¢ | 36943 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 11039 | 0.790 |
3 | 7766 | 0.785 |
5 | 25540 | 0.780 |
1 | 1754 | 0.775 |
3 | 6295 | 0.770 |
Price($) | Vol. | No. |
---|---|---|
0.805 | 36943 | 2 |
0.810 | 24500 | 2 |
0.815 | 5500 | 1 |
0.820 | 12807 | 3 |
0.830 | 130987 | 2 |
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