I agree 17.5c is not a value bet but if you think you will get scaled back then 17.5c could still be a buy instead of freeing up $30k to then only buy $10k worth of stock.
Particpating in an spp when the stock is trading below is just donating money to the company. If you believe it is for the greater good to give money to the company at a bad level then sure thats perfectly fine. Haven't really seen anyone deciding to donate money to the company during other times. It doesnt mean the company wont raise, they will have to re-price the spp and try again. Not finanically the best option but each to their own, again PTX isnt a charity and there is a chance it never gets to market to help anyone
I agree 17.5c is not a value bet but if you think you will get...
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Last
3.9¢ |
Change
-0.001(2.50%) |
Mkt cap ! $31.40M | |||
| Open | High | Low | Value | Volume |
| 4.1¢ | 4.1¢ | 3.9¢ | $72.73K | 1.802M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 436541 | 3.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.1¢ | 560576 | 1 |
View Market Depth
| Last trade - 15.59pm 15/11/2024 (20 minute delay) ? |
| PTX (ASX) Chart |