I thought that I'd start a new thread to discuss this. There's been debate about this on the other threads and I think it's important to explain why buying on the market is important.
The reason that I argue that buying on the market is important is because there are only a few hundred thousand shares that need to be bought to get AHZ above 30c. This would cost less than $100,000.
If AHZ goes > 30c, the SPP will be a success and the company will collect $5m.
If AHZ remains < 30c, the SPP will probably not be filled and the company will not collect $5m.
This is why I argue that if a shareholder really wants to support AHZ then they should support the market price. A few hundred thousand dollars spent now will result in millions that the company might not get if AHZ stays < 30c.
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Last
$15.70 |
Change
-1.350(7.92%) |
Mkt cap ! $301.7M |
Open | High | Low | Value | Volume |
$16.50 | $16.50 | $15.52 | $571.1K | 35.69K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 13 | $15.58 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$16.00 | 775 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 13 | 15.580 |
2 | 320 | 15.560 |
1 | 2496 | 15.550 |
2 | 558 | 15.530 |
3 | 765 | 15.520 |
Price($) | Vol. | No. |
---|---|---|
16.000 | 775 | 2 |
16.200 | 500 | 1 |
16.500 | 63 | 1 |
17.100 | 900 | 1 |
17.500 | 511 | 2 |
Last trade - 16.10pm 24/07/2024 (20 minute delay) ? |
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