No reason you cant be both. It was an obviously bad decision for shareholders. Good for management, poor for shareholders.
Will be down >20% on open. And that was easily foreseeable at the time they made the decision. That makes it "not in the interests of shareholders".
I sold on open, and will consider buying back in at or below 80. Which it obviously will if you dilute this much. If not, I can always buy $30k in the SPP and dilute even further. Which is fine. Realistically it'll rebound to 90ish in a month or two.
if they hadn't done it though, it'd probably be $1.20 right now though.
No reason you cant be both. It was an obviously bad decision for...
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Last
83.0¢ |
Change
0.020(2.47%) |
Mkt cap ! $584.6M | |||
| Open | High | Low | Value | Volume |
| 82.0¢ | 83.5¢ | 80.5¢ | $5.333M | 6.520M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 20352 | 83.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 83.5¢ | 206000 | 3 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
83.0¢ |
Change
0.020 ( 2.48 %) |
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| Open | High | Low | Volume | ||
| 81.5¢ | 83.3¢ | 80.8¢ | 1879991 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| DRO (ASX) Chart |