Zac,
The share holder SPP is a throw in for them. The money they raised could help but likely will not make much difference having 47 million AUD or 44 million is not that much.
likely some may buy the SPP as they feel that puts money in the companies pocket.
Well my thought is if you can buy at 17.5 you would would be better off. I'm for the SPP but yeah your right the discount was low so that means the company values the shares more then the market sees.
I also noticed shorts are down to 24 million the lowest scince the MB hype maybe there is no more for them to push down as the quantity of share in the future on offer are low over the next year or so and they may actually make traction.
who know maybe the 15 million on offer that retail don't take on will be given to the sophisticated buyers to they. Would change that I'm sure if thG happened then our price will now be north to 19.3
Anyway retail buying at this level is non existent. They are last to buy and its never at a premium.
I know some that bought but realisticly me personally i would just by at 17.5 18 18.5 19 it be cheaper.
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Zac,The share holder SPP is a throw in for them. The money they...
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Last
17.5¢ |
Change
0.005(2.94%) |
Mkt cap ! $342.8M |
Open | High | Low | Value | Volume |
17.5¢ | 18.0¢ | 17.0¢ | $737.6K | 4.203M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
69 | 1587304 | 17.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.5¢ | 213251 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
61 | 1360417 | 0.170 |
42 | 704394 | 0.165 |
64 | 1394316 | 0.160 |
22 | 951201 | 0.155 |
65 | 1747465 | 0.150 |
Price($) | Vol. | No. |
---|---|---|
0.175 | 116715 | 2 |
0.180 | 1076124 | 22 |
0.185 | 880560 | 25 |
0.190 | 1431809 | 21 |
0.195 | 984971 | 15 |
Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
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