@vincenski - you have to buy 6 rights for every additional share you want to buy. Only if the rights were not taken up might there be a placement @ 45 cts.
in my view the market does not understand the value of the 90 cts options. At the moment the rights are too cheap and as the stock goes higher I guess that relative cheapness only increases.
We would need a lot of bad news for this rights issue to fail and hence anyone having an opportunity to buy stock @ 45 cts without buying rights - IMO.
@vincenski - you have to buy 6 rights for every additional share...
-
- There are more pages in this discussion • 58 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ELS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
47.0¢ |
Change
0.010(2.17%) |
Mkt cap ! $71.00M | |||
| Open | High | Low | Value | Volume |
| 46.0¢ | 47.5¢ | 44.5¢ | $85.46K | 185.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 19499 | 47.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 47.5¢ | 26389 | 2 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| ELS (ASX) Chart |