PLS 5.83% $3.07 pilbara minerals limited

Why would anyone sell now before receiving their entitlement...

  1. 149 Posts.
    lightbulb Created with Sketch. 17
    Why would anyone sell now before receiving their entitlement (1-7)?
    I would have thought a buying frenzy after the TH to acquire MORE share to be the favoured move,(@ .36 its money for gam)
    (thus increasing the SP) ,so where am I wrong in my scenario and why are people speculating the opposite ,after the TH is lifted.
 
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$3.07
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$3.19 $3.20 $3.07 $96.53M 30.85M

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No. Vol. Price($)
41 815921 $3.06
 

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Price($) Vol. No.
$3.08 309816 3
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
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