There's no real reason the rights should be more volatile than the underlying share, there's a very simple mathematics relationship between the two. That said, the underlying share itself is currently very volatile, apparently due to high levels of confusion about how this rights issue works.
i wonder how many of those driving the price so high yesterday think they were buying shares with rights attached?
There's no real reason the rights should be more volatile than...
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Last
49.5¢ |
Change
0.005(1.02%) |
Mkt cap ! $1.667B | |||
| Open | High | Low | Value | Volume |
| 49.0¢ | 49.5¢ | 48.8¢ | $44.22K | 90.27K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 164601 | 48.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.5¢ | 150983 | 4 |
View Market Depth
| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
49.0¢ |
Change
0.005 ( 1.01 %) |
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| Open | High | Low | Volume | ||
| 49.0¢ | 49.0¢ | 48.5¢ | 111400 | ||
| Last updated 15.35pm 24/05/2024 ? | |||||
| AIZ (ASX) Chart |