Don't be shocked if it was supported, but not fully subscribed. Retail faithful have taken a beating here of late and sentiment will weigh heavily on the SPP.
I don't believe it means a lot in the overall scheme of the capital raise, the SPP only being a small component. I supported the SPP, but not every shareholder would have.
The maket maker has very deep pockets and I believe they will drive us down to the breaking point of some. The maket maker probably gets even more shares on the way up as retail jump ship, happy to have survived and not wanting to relive the last leg down.
As always, the tortoise wins.
G
Don't be shocked if it was supported, but not fully subscribed....
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Last
64.5¢ |
Change
-0.020(3.01%) |
Mkt cap ! $1.564B | |||
| Open | High | Low | Value | Volume |
| 68.0¢ | 69.0¢ | 64.5¢ | $34.33M | 52.94M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 386015 | 64.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 65.0¢ | 10000 | 1 |
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| LTR (ASX) Chart |