At this point in time you are 100% correct....
BUT....
The bonus shares are not in play and will not be for quite some time.
There is no call schedule yet (that I know of).
ALSO-The existing bonus shares are subject to their (final?) call later this year.... As and when that issue is fully called, then these current bonus shares may well be listed as tradeable too...
So... once again, at THIS point in time, you're right!!!!!
But these bonus shares are really for the long(er) term as opposed to being a quick money spinner. Heck-they can't even be traded!!!!!
They go in the bank (so-to-speak) and will come into play in the future.
Of course, if the SP is below 25c then, you will STILL be right....
But if above 25c.........
J.
At this point in time you are 100% correct.... BUT.... The bonus...
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Last
2.0¢ |
Change
0.001(5.26%) |
Mkt cap ! $26.29M | |||
| Open | High | Low | Value | Volume |
| 1.9¢ | 2.0¢ | 1.9¢ | $2.088K | 108.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 1132434 | 1.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.0¢ | 2191157 | 12 |
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| Last trade - 14.01pm 15/11/2024 (20 minute delay) ? |
| LIT (ASX) Chart |