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
81.0¢ |
Change
0.010(1.25%) |
Mkt cap ! $706.4M | |||
| Open | High | Low | Value | Volume |
| 79.0¢ | 82.5¢ | 78.0¢ | $7.281M | 9.055M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 27773 | 81.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 81.5¢ | 4500 | 2 |
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| Last trade - 16.10pm 13/11/2024 (20 minute delay) ? |
| DRO (ASX) Chart |