you got shares through SPP. So your purchased price won’t be averaged down.
Example: you hold 1000 shares at $1.5. You got 450 shares from SPP. Ur total holding will be 1450 shares at the market price.
So heaps of people would have sold it as soon as their shares get allocated back to their trading account for a profits.
hope that makes sense
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- Ann: Completion of Share Purchase Plan (Appendix 2A)
Ann: Completion of Share Purchase Plan (Appendix 2A), page-18
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