People seem to make this weird assumption that there's unlimited supply of shares at any given price. How does anyone think that instos/sophs would be able to buy $40m of shares on market without driving up the price? The value they get is not just the discount.
Ann: Share Purchase Plan Opens, page-24
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Last
97.5¢ |
Change
0.040(4.28%) |
Mkt cap ! $945.1M | |||
| Open | High | Low | Value | Volume |
| 99.0¢ | 99.0¢ | 96.5¢ | $4.439M | 4.551M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 23403 | 97.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 98.0¢ | 104081 | 5 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| DYL (ASX) Chart |