Interestingly, on the 23rd of Sep when AHZ announced their rights issue, the stock closed down 14% from 8.5c to 7.3c, before posting 3 consecutive days of gains to end up 27% above the closing price on the day it was announced (ie. 9.3c vs 7.3c)
PAB is currently trading 14% down on previous close also, roughly in line with TERP. As paprika pointed out, this is a fantastic deal for shareholders, there's nothing worse than seeing a company use it's annual placement capacity to place to instos and friends of the company. This deal offers all shareholders the ability to avoid dilution, and with the potential sweetener of the top up offer
Who knows where this will trade in the short term, but I remain confident in the medium term. GLTA
Interestingly, on the 23rd of Sep when AHZ announced their...
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.229M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.5¢ | 0.4¢ | $5.431K | 1.357M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 26519870 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 7889760 | 12 |
View Market Depth
| Last trade - 11.23am 15/11/2024 (20 minute delay) ? |
| PAB (ASX) Chart |