Yes, if you were certain it would go through you would buy at 2.78 and get a 7% return on your investment, better than you can get with a term deposit.
I think we'll stay priced around this discount level until there is more certainty over the deal proceding or a better offer emerges.
I wish we were going mining but since it's looking unlikely, shout out to all the Kiwis living in capital gains tax free heaven. You lucky sods.
G
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Last
59.5¢ |
Change
-0.030(4.80%) |
Mkt cap ! $1.442B |
Open | High | Low | Value | Volume |
62.0¢ | 62.5¢ | 59.0¢ | $8.852M | 14.66M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
17 | 212314 | 59.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
60.0¢ | 310624 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 151216 | 0.595 |
11 | 151410 | 0.590 |
9 | 89027 | 0.585 |
25 | 187601 | 0.580 |
5 | 84391 | 0.575 |
Price($) | Vol. | No. |
---|---|---|
0.600 | 99920 | 4 |
0.605 | 95000 | 1 |
0.610 | 30293 | 3 |
0.615 | 141300 | 6 |
0.620 | 42300 | 3 |
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