It this SPP was to stabilise the SP we are now below the CR price better to buy on market if your adding to your punt.
Imagine if they tried to raise the SP through LDA selling on free market the shorter would smash the price even more knowing that lower priced shares are on the way to to cover. Likely smash the SP so yeah this was the better alternative.
As for the retail SPP I reckon they could care less if we buy or not as if they fall short they will just say the closed it early if there is more interest they will offer more it depends on the SP. As I dount there is any interest if your buying on market lower.
They need to deliver on some commercial news that's about it.
It this SPP was to stabilise the SP we are now below the CR...
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Last
28.0¢ |
Change
-0.015(5.08%) |
Mkt cap ! $552.2M | |||
| Open | High | Low | Value | Volume |
| 29.5¢ | 30.0¢ | 27.5¢ | $3.182M | 11.13M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 483289 | 28.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.5¢ | 381222 | 16 |
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| Last trade - 11.09am 12/11/2024 (20 minute delay) ? |
| BRN (ASX) Chart |