The only reason is if you are confident in the company's board. Buying them on market doesn't give the company any extra funds - hence you participate int he CR and the money goes to the company.
I was only thinking yesterday about picking up some more shares, as I think there is more upside coming, so I will participate, as I invest in companies and dont just buy their stock.
Ann: Entitlement Offer and Trading Update, page-4
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Last
2.4¢ |
Change
-0.001(4.00%) |
Mkt cap ! $48.72M | |||
| Open | High | Low | Value | Volume |
| 2.6¢ | 2.8¢ | 2.4¢ | $787.7K | 30.72M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 2503694 | 2.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.4¢ | 2042678 | 3 |
View Market Depth
| Last trade - 16.10pm 04/11/2024 (20 minute delay) ? |
| OVT (ASX) Chart |