The SPP in 2021 had $36.6m applications compared with a target of $25m. BGL accepted all applications in full. This SPP was extended a number of times before it was finally closed. BGL share price during the SPP period was weak and barely got above the SPP price.
This time the target is only $10m and the share price is materially north of the SPP price. Consequently, I am expecting very heavy scale back this time round. I think we will be lucky to get $5000 of shares. BGL should close the SPP early - may be tomorrow.
Ann: Project ramp up continues, first debt drawdown completed, page-11
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Last
$1.46 |
Change
0.020(1.39%) |
Mkt cap ! $1.868B | |||
| Open | High | Low | Value | Volume |
| $1.46 | $1.51 | $1.45 | $12.02M | 8.168M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2000 | $1.46 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.46 | 42276 | 1 |
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| Last trade - 16.10pm 16/10/2024 (20 minute delay) ? |
| BGL (ASX) Chart |