Here we go again....
As per my post above, this is nearly an annual event like the opening round of footy, putting up the Christmas tree, going to the dentist.
A couple of points:
-the discount to current stock price is very small. Between 4-7% so it could be a couple of days trading to get there.
-retail holders have a month before we need to pay up so can adopt a wait-and-see approach
-the small discount indicates it was not hard for them to raise funds (i.e. a good sign)
-this will cap the share price for a while
-although I get the feeling macro factors will play a larger role in the price in the near-term (RBA decision, direction of the economy)
Will have a longer look and add more thoughts in due course.
Here we go again....As per my post above, this is nearly an...
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Last
$2.51 |
Change
0.000(0.00%) |
Mkt cap ! $3.468B | |||
| Open | High | Low | Value | Volume |
| $2.51 | $2.53 | $2.49 | $11.49M | 4.580M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 59193 | $2.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.53 | 3658 | 1 |
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| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| NSR (ASX) Chart |