You could technically dump your rights offering today. Say you had 1m shares and took up your full entitlement then you would take up 937,500 - 1.9375 shares. Dump your 937,500 shares today, hold 62,500 shares + get your entitlement. Happy profit and you basically go back to your original holding.
Disclosure - I actually took up nil of my entitlement due to lack of clarity in strategy in the investor call.
You could technically dump your rights offering today. Say you...
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Last
0.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.684M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 29583410 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 59394450 | 39 |
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| Last trade - 16.13pm 20/06/2025 (20 minute delay) ? |
| AXP (ASX) Chart |
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