I think the current share price sends a very strong message to the market that $2.10 is cheap. Management are being more than fair to their smaller shareholders by giving them an opportunity to participate in the SPP (via the extension of the SPP). I would expect that "deeper pockets" might also be attracted to the current price of $2.10 also! From what I see currently - Is that the SPP has been a huge success!
Ann: Extension of SPP closing date, page-12
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Last
$2.70 |
Change
-0.120(4.26%) |
Mkt cap ! $636.7M | |||
| Open | High | Low | Value | Volume |
| $2.79 | $2.79 | $2.69 | $493.5K | 180.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7713 | $2.69 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.71 | 3253 | 4 |
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| Last trade - 10.27am 08/10/2024 (20 minute delay) ? |
| CYL (ASX) Chart |