Unlike other stocks, CTP has well over 8000 shareholders. (based on JH presentation and the amount of new SH buying in after)
With the maximum of 195 mil shares @8.6c on offer in the SPP,
assuming that every SH is taking up their allocation, it is possible that each SH will only get less than $3000 worth of the allocation.
If you are selling your share now thinking of getting them back @8.6c, you may get a rude awakening if you only get less than $3000 worth of shares @8.6c. Imagine buying the rest back at market price if the SP is higher than now?
DYOR
risk in selling in hope of full allocation
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Last
5.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $37.74M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 57646 | 5.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.2¢ | 34474 | 1 |
View Market Depth
| Last trade - 10.40am 30/07/2024 (20 minute delay) ? |
| CTP (ASX) Chart |
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