Agree on both points which is partly why I have been steering clear of buying until the CR is done or until it wrecks the SP.
I can see the CR as both a blessing and a curse for them though.
A blessing because it means they can tell hanlong to go and jump unless they offer more for another 12 months.
A curse because it tells everyone that the deal is by no means done, and that it may not ever be. But if you read their statements about the offer, and with all the insider trading busienss you knew that anyway.
In regards to how they are running the CR, its how they have run previous ones, so it is not a big shock. They may drag out the CR a while hoping for a better price, or they may do it soon after the AGM. I would lean towards the latter.
- Forums
- ASX - By Stock
- its capital raising time!
Agree on both points which is partly why I have been steering...
-
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BMN (ASX) to my watchlist
(20min delay)
|
|||||
Last
$3.33 |
Change
-0.200(5.67%) |
Mkt cap ! $594.7M |
Open | High | Low | Value | Volume |
$3.50 | $3.50 | $3.32 | $2.134M | 629.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 15000 | $3.31 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.35 | 7300 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 15000 | 3.310 |
2 | 18000 | 3.300 |
1 | 2932 | 3.290 |
2 | 13000 | 3.280 |
1 | 3048 | 3.260 |
Price($) | Vol. | No. |
---|---|---|
3.400 | 10000 | 1 |
3.430 | 6300 | 2 |
3.470 | 4000 | 1 |
3.500 | 14347 | 2 |
3.530 | 9100 | 1 |
Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
Featured News
BMN (ASX) Chart |
The Watchlist
LGP
LITTLE GREEN PHARMA LTD
Paul Long, Chief Executive Officer
Paul Long
Chief Executive Officer
SPONSORED BY The Market Online