Wow. I did top up at 4.19 two days ago. And was in the market at 4.01 for some more (of course cancelled just now). This is terrible that insiders knew this news (my opinion) and sold out to pick up at 3.85. Just wow. At least that explains the share price action. I am so disappointed in what I always considered first rate management.
So, how to play this? We simply have a $3.85 company now. It will be interesting to see how it trades between now and the SPP price date on 20 Aug.
Since retailers can SPP at 3.85, and the instos are all full now, there will be no buyers on the market at all! It is a godsend for anyone who was 'thinking about' getting in. They will be the only buyers on market.
Ann: Acquisition to lift Mungari to Cornerstone Asset, page-18
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Last
$4.89 |
Change
0.005(0.10%) |
Mkt cap ! $9.747B | |||
| Open | High | Low | Value | Volume |
| $4.80 | $4.91 | $4.74 | $15.34M | 3.163M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 49 | 79266 | $4.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.89 | 17870 | 9 |
View Market Depth
| Last trade - 14.56pm 11/11/2024 (20 minute delay) ? |
| EVN (ASX) Chart |