I believe it is holders selling ex entitlement (maybe up to 40% of their holding) and replacing them to restore their holding to the original number
at 1.5 cents through the issue.
And along the way, also picking up their full entitlement of free options.
Maybe selling at 2 cents, and replacing them at 1.5 cents,it is marginal.
But it is still money in the pocket for nothing.
PEP11, ADVENT, , MMR AND BPH, page-28
Add BPH (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
2.4¢ |
Change
-0.003(11.1%) |
Mkt cap ! $26.34M | |||
| Open | High | Low | Value | Volume |
| 2.9¢ | 3.0¢ | 2.4¢ | $545.4K | 20.50M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 303224 | 2.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.5¢ | 1060718 | 3 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
|
|||||
|
Last
2.4¢ |
Change
-0.003 ( 7.34 %) |
||||
| Open | High | Low | Volume | ||
| 2.9¢ | 3.0¢ | 2.4¢ | 18889514 | ||
| Last updated 15.56pm 03/05/2024 ? | |||||
| BPH (ASX) Chart |