Whenever I've been involved in a SPP and the company had to make this call, the SP always dropped to below the SPP following its completion, without fail.
I don't think it is a good sign whatsoever and actually now use it to determine in part whether to participate in a SPP.
just received a phone call from lyc, page-4
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Last
$6.82 |
Change
0.015(0.22%) |
Mkt cap ! $6.370B | |||
| Open | High | Low | Value | Volume |
| $6.84 | $6.88 | $6.80 | $5.556M | 813.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 4959 | $6.81 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.82 | 11611 | 21 |
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| Last trade - 14.00pm 27/08/2024 (20 minute delay) ? |
| LYC (ASX) Chart |