It doesn't matter if the price drops below 91c, the SPP is still good value. Did you read the announcement fully?
The SPP will be offered at the lower of:
• A$0.91 per share; and
• a 2.5% discount to the VWAP of shares traded on the ASX during the five trading days up to the closing date of the SPP, rounded to the nearest half cent.
It doesn't matter if the price drops below 91c, the SPP is still...
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Last
54.5¢ |
Change
-0.025(4.39%) |
Mkt cap ! $223.6M | |||
| Open | High | Low | Value | Volume |
| 56.5¢ | 58.0¢ | 54.0¢ | $427.1K | 768.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15352 | 54.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 56.5¢ | 3571 | 1 |
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| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| 4DX (ASX) Chart |