if you didn't participate, you should you sell to gain some capital loss credits and move the funds to the next best investment based on your judgement. this CR is a kind of restart for the company. if you based on their estimate Pro forma earning per share of about $0.10 and historical dividend payout of about 60% and the offer price of $0.90, you will be expecting a dividend yield about 6% should they achieved what they say. The current price is fair price imo for what is expected for them until new information or announcement is available. imo this company is not a high growth company like before. it is not about confidence or series or new wins. price is what you pay, value is what you get. good luck.
Ann: Completion of Retail Entitlement Offer, page-13
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Last
$1.34 |
Change
-0.005(0.37%) |
Mkt cap ! $822.2M | |||
| Open | High | Low | Value | Volume |
| $1.34 | $1.35 | $1.32 | $877.1K | 658.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 6846 | $1.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.34 | 59 | 1 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| SSM (ASX) Chart |