If the cost to SPP participants had been around current levels than the company would have received less return/dilution on the SPP, so in that context they would have been successful if indeed there were manipulators acting on behalf of the company. It was just a question that occurred to me, but manipulation of the SP of a large company like IAG would not be easy. It was just odd that the SP took a dive at the end of the 5 day VWAP period during which time existing shareholders would not have been buying to help boost the SP.
Ann: IAG Opens Share Purchase Plan, page-46
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Last
$7.69 |
Change
-0.080(1.03%) |
Mkt cap ! $18.22B | |||
| Open | High | Low | Value | Volume |
| $7.79 | $7.79 | $7.66 | $46.37M | 6.027M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 301355 | $7.69 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.71 | 2426 | 2 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| IAG (ASX) Chart |