WTP 0.00% 91.0¢ watpac limited

Judging from the price, it appears to me anyone buy in today...

  1. 778 Posts.
    Judging from the price, it appears to me anyone buy in today won't meet the record day requirement as it haven't able to settle by 15 Sept 09. Correct me if I am wrong.

    You mentioned the institution share will come into market on monday, the chances are high for them to push the share price down close enough for $1.25. The next couple of trading day will be critical to judge the share price for SPP. (I read somewhere stated it gurantee lower than $1.25 for SPP??)

    Its just too much variable to deal with. Unless you hold shares before the cap raising, then should sell on yesterday to crytalize any losses/ profit, yet keep small amount to be entitle for the SPP. Or could have buy when SP fall below SPP issue price.
 
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