DG,
If history is any indicator, then the answer to your question is yes. I can't recall any company that I have owned that hasn't eventually dropped to at least touch the CR issue price. That doesn't mean to say that it would happen on the issue day but could be a week or two after the issue.
However, for balance, I'm sure there are others here who have had shares where they never dropped to the CR issue price.
I'm just passing on my experience in this matter.
You'll eventually get the answer
- Forums
- ASX - By Stock
- AVZ
- Ann: Share Purchase Plan Closes Oversubscribed
Ann: Share Purchase Plan Closes Oversubscribed, page-134
-
-
- There are more pages in this discussion • 43 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AVZ (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online