Ridiculous CR. Expected share price to rise on the back of great news and they cap it with a CR. Tradition says you CR on Monday on the back of the good news, not now. The only reason you do this now is to pander to insiders who can get in on the CR and ride the reduced wave up. Note this offer wasn't sent to a number of the traditional Sophisticated Investors, which says to me that the pigs in the trough are management and allies.
In short that is a massive negative in my books (and I'm a current holder).
Angry!
Ridiculous CR. Expected share price to rise on the back of great...
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Last
19.0¢ |
Change
-0.010(5.00%) |
Mkt cap ! $15.78M | |||
| Open | High | Low | Value | Volume |
| 20.5¢ | 20.5¢ | 19.0¢ | $47.41K | 238.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 28444 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 35202 | 2 |
View Market Depth
| Last trade - 15.41pm 03/05/2024 (20 minute delay) ? |
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Last
19.0¢ |
Change
-0.010 ( 5.00 %) |
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| Open | High | Low | Volume | ||
| 20.0¢ | 20.0¢ | 19.0¢ | 97139 | ||
| Last updated 15.35pm 03/05/2024 ? | |||||
| GRE (ASX) Chart |