Is there any scenario where someone would take up this entitlement offer at this point in time? Why would I do that when the on market price is 15% less?
I get the 1 for 40 option but, if I was that bullish on the company, wouldn't I just buy actual shares on market?
I'm new to investing, so just trying to get my head around the entitlement offer and the logic behind it. The 1 option for every 40 shares held makes it seem hardly worth it.
GLTAH
Is there any scenario where someone would take up this...
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Last
56.0¢ |
Change
-0.060(9.68%) |
Mkt cap ! $101.5M | |||
| Open | High | Low | Value | Volume |
| 61.0¢ | 61.0¢ | 56.0¢ | $141.1K | 245.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 19162 | 56.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 57.0¢ | 9805 | 1 |
View Market Depth
| Last trade - 16.10pm 19/06/2025 (20 minute delay) ? |
| ASM (ASX) Chart |