There is no way to know for sure
It depends how many people exercise their rights, and then what they intend to do with their new shares
If they plan to hold long term then, share price should hold well, but if people are only exercising to make a quick buck then we could see a flood of shares for sale which would push down the price.
No way to know for sure, but there is a potential downside imo...
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Last
$1.18 |
Change
-0.015(1.26%) |
Mkt cap ! $1.054B | |||
| Open | High | Low | Value | Volume |
| $1.19 | $1.20 | $1.18 | $807.6K | 682.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1645 | $1.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.19 | 3932 | 1 |
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| Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
| ABG (ASX) Chart |