I get the benefit of acquiring shares at $0.007 in the market rather than paying $0.008 via the rights issue. But it raises a pretty fundamental question - do you prefer giving money to the Company or giving money to the market? If there was a big difference in price then the argument to buy in the market would be stronger, but $0.001 per share is immaterial. My suggestion is - give your money to the Company because they can do something useful with it.
Ann: Change of Director's Interest Notice, page-13
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Last
1.2¢ |
Change
-0.001(7.69%) |
Mkt cap ! $24.60M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 1.0¢ | $29.09K | 2.588M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 77779 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 3096878 | 1 |
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| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| PXX (ASX) Chart |