Conceivably yes. You could sell on market at the current price and take up your entitlement at the cheaper price and play the arbitrage. BUT you would still need to qualify regarding the record date for the SPP etc etc.
I haven't looked at the terms, done any work etc etc and having such a tiny holding here won't participate.
Turners a good operator but holders have been smashed here through the challenges of COVID etc and the dilution that's grown at pace over the period is hard to ignore.
Doesn't mean you can't make $ here but the way you handle your investment, risk/reward here is all important. (Aren't they all)
Best
MR
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Conceivably yes. You could sell on market at the current price...
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2 | 1010 | 21.830 |
1 | 3321 | 21.820 |
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Price($) | Vol. | No. |
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21.950 | 5892 | 2 |
21.960 | 1010 | 2 |
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