"I think the placement shares have already been priced into the market. The only reason the SP may fall will be if current holders flood the market with their 28c entitlement shares from the 1st July.
In that case the market will act accordingly"
Petergm, I agree that placement shares have already been priced into the market.imo anyone selling their entitlement shares would have calculated how many they are likely to be issued & sold down their holding already
cheers AL
- Forums
- ASX - By Stock
- PNA
- becoming a substantial holder
becoming a substantial holder, page-12
-
- There are more pages in this discussion • 5 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 PNA (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Director
Nick Poll
Executive Director
SPONSORED BY The Market Online