This is why I didn't consider selling for a quick 10% gain. I was fortunate with the timing when I purchased at a considerably lower price last November. I tripled my holding last week at $0.81, and if I sold the shares issued under the SPP, I would be stressed about not being able to buy them back at a lower price. I think we are just one announcement away from a significant jump in the share price.
With the SPP out of the way, what is the expectation for the share price now? Will tranche 2 of the Placement weigh down the share price, even though it is only offered to sophisticated, professional, and institutional investors?
Ann: Strong Shareholder Support for Share Purchase Plan, page-78
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Last
$1.72 |
Change
0.080(4.88%) |
Mkt cap ! $1.311B | |||
| Open | High | Low | Value | Volume |
| $1.63 | $1.74 | $1.63 | $19.21M | 11.29M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 30000 | $1.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.73 | 49024 | 2 |
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