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.
I get the benefit of acquiring shares at $0.007 in the market...
Add PXX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $26.65M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 108333 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 1068024 | 3 |
View Market Depth
| Last trade - 16.12pm 05/07/2024 (20 minute delay) ? |
| PXX (ASX) Chart |
Day chart unavailable