I am not so sure. If the bulk of those taking them up are doing so for a quick buck then expect SPs in the low 40c for a while as they offload to pay back the money they borrowed to top up with cheap shares. If everyone buying is buying for the long term then yes we should see the price rise to 50-60c and possibly higher if IO prices take off in Feb.
Ann: Share Purchase Plan Booklet, page-55
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Last
25.0¢ |
Change
-0.005(1.96%) |
Mkt cap ! $721.1M | |||
| Open | High | Low | Value | Volume |
| 25.5¢ | 25.5¢ | 24.5¢ | $172.9K | 679.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 42949 | 24.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.0¢ | 248513 | 1 |
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| Last trade - 16.10pm 15/07/2024 (20 minute delay) ? |
| BCI (ASX) Chart |