Surprised share price for ACQ has actually risen since rights issue was announced, I'd expected prices to drift down towards the issue price of $1.10. Possibly to do with NTA which is strong at $1.40. With good dividend sustainability I think purchasing at $1.10 represents a decent opportunity notwithstanding recent run-up in price. Regrettably won't be able to take up full entitlement, for those of us like that there will be some dilution.
Ann: ACQ announces rights issue, page-4
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Last
86.0¢ |
Change
-0.020(2.27%) |
Mkt cap ! $76.56M | |||
| Open | High | Low | Value | Volume |
| 87.5¢ | 87.5¢ | 86.0¢ | $19.52K | 22.47K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 30000 | 86.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 87.5¢ | 38557 | 1 |
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| Last trade - 13.26pm 04/11/2024 (20 minute delay) ? |
| ACQ (ASX) Chart |