The company will need the share price to be well above $3.80 in the final couple of days before the closure of the SPP. Most investors will wait until the final moments before they make a call of getting involved which is logical. Gold prices have dropped down towards $2000usd in recent days and copper prices are still struggling. I suspect this extension decision is a delaying tactic to see if both commodity prices can rebound in the next fortnight and help us get back to $4 late January and ensure more investors get involved.
Ann: Extension of Share Purchase Plan, page-3
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Last
$3.94 |
Change
-0.010(0.25%) |
Mkt cap ! $7.824B | |||
| Open | High | Low | Value | Volume |
| $3.93 | $3.99 | $3.93 | $20.51M | 5.186M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 99185 | $3.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.95 | 81145 | 3 |
View Market Depth
| Last trade - 16.10pm 29/05/2024 (20 minute delay) ? |
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Last
$3.97 |
Change
-0.010 ( 0.14 %) |
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| Open | High | Low | Volume | ||
| $3.94 | $3.99 | $3.93 | 1408824 | ||
| Last updated 15.59pm 29/05/2024 ? | |||||
| EVN (ASX) Chart |