I'm not the one saying it will go below $2.50 after the issue closes. The magnet at $2.50 is due to the ability of people to buy at $2.50.
When the issue is out of date, I expect price should revert back to a similar pricing from before the rights issue, as the $2.50 magnet disappears and simultaneously disappearing is the doubt about the ability to raise the short term cash.
interesting, page-17
Add IPL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.06 |
Change
0.020(0.66%) |
Mkt cap ! $5.856B | |||
| Open | High | Low | Value | Volume |
| $3.08 | $3.08 | $3.05 | $10.82M | 3.535M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 159775 | $3.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.07 | 128978 | 5 |
View Market Depth
| Last trade - 16.10pm 10/09/2024 (20 minute delay) ? |
| IPL (ASX) Chart |