not sure about $10 but it looks like the market is pricing in the right to buy 5/38 shares at $4.75 as a benefit. this is a very positive sign. it could so easily have gone the other way with a discount. could also be some short covering going on which could be short term. the announcement - cap raise, purchase of canning facility through mostly script, resetting of Fonterra supply agmt etc shows we have a management team and board that is equal to the task. well done. I feel a lot more comfortable with this long term hold after today.
- Forums
- ASX - By Stock
- BAL
- Ann: Successful completion of institutional component
Ann: Successful completion of institutional component, page-7
-
- There are more pages in this discussion • 14 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)