I did although very modestly. Being fully loaded on NEU at a lower average price I didn't want greatly add to my holding. Plus I could have purchased on market for a few pips less.
However my thinking was that
a) I'd rather buy via the SPP at $2.05 and provide funds to the company than buy at $2.03 and fund another punter.
b) For investment "optics" the SPP needs to be a success. The thought of an announcement saying in effect that existing shareholders didn't have enough confidence in the stock to come up with $2m between them give me the shivers.
I'd love to know whether others participated or not and their thought process either way.
I did although very modestly. Being fully loaded on NEU at a...
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Last
$14.40 |
Change
1.130(8.52%) |
Mkt cap ! $1.840B | |||
| Open | High | Low | Value | Volume |
| $13.80 | $14.45 | $13.53 | $15.04M | 1.062M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 871 | $14.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.42 | 3650 | 3 |
View Market Depth
| Last trade - 16.10pm 07/11/2024 (20 minute delay) ? |
| NEU (ASX) Chart |