Lots of non-holders commentating and very few holders. The last traded price is not reflective of the issue of a ridiculous 10 for 1 dilution, and its price of course dependent on take up, but 30 cents vs the 2.9 cents rights price is a mighty tempted mark-up for share that should, being ex-entitlement, be theoretically trading at a par to the extra 10 for 1 existing.
Perhaps not quite the doom and gloom the commentators posting on here - the company management appalling undeniably - given the Vietnamese and Singapore approvals. Personally I will be reinjecting the money I made selling at okay levels cum-entitlement and also on the final days trading 500-900% rally in the rights entitlement.
To give you a clue if the new shares trade half the closing price (presuming the fools managing get the reporting done), they are worth fivefold their cost - not without considerable risk to all invested capital going to zero of course. What bedlam this end of the market. Strong arguments for stronger listing rules and serious amendments/floors in entitlement discounts in Australian Securities law.
- Forums
- ASX - By Stock
- OSX
- Ann: Suspension from Quotation
Ann: Suspension from Quotation, page-9
-
- There are more pages in this discussion • 7 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 OSX (ASX) to my watchlist
|
|||||
Last
4.4¢ |
Change
0.002(4.76%) |
Mkt cap ! $5.084M |
Open | High | Low | Value | Volume |
4.1¢ | 4.4¢ | 4.1¢ | $46.74K | 1.112M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5571 | 4.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.4¢ | 193310 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5571 | 0.043 |
1 | 1319459 | 0.042 |
4 | 435000 | 0.040 |
1 | 25641 | 0.039 |
2 | 578945 | 0.038 |
Price($) | Vol. | No. |
---|---|---|
0.044 | 193310 | 2 |
0.045 | 51600 | 2 |
0.047 | 210000 | 2 |
0.048 | 15000 | 1 |
0.049 | 568500 | 6 |
Last trade - 15.53pm 02/09/2024 (20 minute delay) ? |
Featured News
OSX (ASX) Chart |