Okay unlike any other company engaging in a capital raise where those funds are either generally used for a new purchase, prop up capital or take time for that raise to generate income with an ETF those funds can be instantly & directly invested with dividend returning companies and start returning income within the very short term.
Despite my original thoughts this may actually have a positive effect on SP as George stated, at least in the medium term.
Thank you gents as a long time holder and reliant on this income will be watching and hoping.
Ann: Trading Halt, page-10
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$1.24 |
Change
0.000(0.00%) |
Mkt cap ! $928.3M | |||
| Open | High | Low | Value | Volume |
| $1.25 | $1.25 | $1.24 | $344.0K | 276.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 371552 | $1.24 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.25 | 34586 | 4 |
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| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| PL8 (ASX) Chart |