If has been told to me; that the CR will involve Renounceable shares, I personally will not have the cash available to take advantage of the offer, .... except to sell a portion within the offer time frame, say at 9-10c, (at least above 7.5c), then purchase my entitlement plus the free options.
This would be a good outcome for my CTP porfolio, ... if it happens that way, as I would have increased my holding without spending anything.
Unless there is good announcement/s within that period, IMO, the SP could come down to 7.5c. as I think a lot of others could be in the same boat as I.
I'm looking forward to those good announcements.
Regards, Ravi
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Open | High | Low | Value | Volume |
4.9¢ | 4.9¢ | 4.8¢ | $2.624K | 53.82K |
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No. | Vol. | Price($) |
---|---|---|
1 | 980647 | 4.8¢ |
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Price($) | Vol. | No. |
---|---|---|
4.9¢ | 189266 | 2 |
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No. | Vol. | Price($) |
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1 | 980647 | 0.048 |
1 | 200000 | 0.047 |
1 | 100000 | 0.046 |
4 | 539092 | 0.045 |
2 | 190000 | 0.042 |
Price($) | Vol. | No. |
---|---|---|
0.049 | 189266 | 2 |
0.050 | 100000 | 1 |
0.055 | 461000 | 2 |
0.056 | 178589 | 1 |
0.059 | 25000 | 1 |
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