Bowser, most stocks that do share placements or rights issues find their sp back at the issue price in the short term. I think it will take some good news to stop this from slipping back further. I expect quite a dump in a couple of weeks when the 5.5c shares are issued to those taking up the offer.
The medium to long term looks positive but I cant see much joy in the immediate future unfortunately.
- Forums
- ASX - By Stock
- opinions
Bowser, most stocks that do share placements or rights issues...
-
- There are more pages in this discussion • 1 more message 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 SNU (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online