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I expected selling above 5.2c before SPP deadline from...

  1. BoomCrashOffera
    720 Posts.
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    23/08/23
    11:51
    Post #: 69498991
    I expected selling above 5.2c before SPP deadline from shareholders, who didn’t want to increase their overall exposure, arbitraging what they thought their SPP allocation would be.

    Now there could be some further selling as the 100% allocation was arguably a bit of a surprise.

    Once that (potential) selling is over, not withstanding other unknown developments, the overhang could dissipate.
    Last edited by BoomCrashOffera: 23/08/23
    ANP Price at posting: 5.3¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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