re: placement vs spp cheque worry . I wonder if dumping by placementees after 4th March ahead of the SPP close on 8th March will cause the SPP to be a dud. Often SPP applicants hold off until a day before closure.
$9M of placementee shares, if dumped, could drive the SP below a worthwhile margin for the SPP. The SPP is only at a 10% gain at present which is a relatively thin margin already.
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Last
$33.03 |
Change
-0.270(0.81%) |
Mkt cap ! $7.871B | |||
| Open | High | Low | Value | Volume |
| $33.39 | $33.51 | $33.01 | $34.74M | 1.047M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 400 | $33.02 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $33.19 | 692 | 2 |
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| ALD (ASX) Chart |