Have a look at the share price for GXY.Rights issue price at 1.7 in mid December. It is trading at 12 months high at 2.60.
It all about the reason for the raise and market sentiments.
IGO is also in the process of a rights offer in mid January, shares already trading exentitlement. Again the share price is going up.
Unless there is an overall market correction, Uncle Don starting an civil war in USA, Covid 19 out of control in Australia or the Price of Li going into free fall, there isn't many external factors that will put a downward pressure on the share price.
Ann: Retail Entitlement Offer Open for Acceptance, page-196
Add PLS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.02 |
Change
0.080(2.72%) |
Mkt cap ! $9.090B | |||
| Open | High | Low | Value | Volume |
| $3.01 | $3.04 | $2.96 | $59.25M | 19.70M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 40915 | $3.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.02 | 318781 | 14 |
View Market Depth
| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |