Don't quite understand what you are getting at Sill, but I have always thought that the SP is being controlled by the options conversion price of $1.84.
All I know is that the options recipients have to stump up, one way or another, the $$'s to get their options converted (a la le famous RT).
Thus for the options holders, the higher the SP is at conversion time the better, because under a share buy back scenario (a la RT) the less the proportion of their share entitlement they lose.
For those who wish to get their grubby little hands on those converted options, the lower the SP the better.
[ think I may be talking through my .... but I am struggling to understand why the SP is at this level ...
help!
All I know is that I am not selling.]
Share Price, page-124
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Last
$19.09 |
Change
-0.220(1.14%) |
Mkt cap ! $2.437B | |||
| Open | High | Low | Value | Volume |
| $19.14 | $19.14 | $18.50 | $7.048M | 371.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 420 | $19.07 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.09 | 1 | 1 |
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| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
$19.03 |
Change
-0.220 ( 0.79 %) |
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| Open | High | Low | Volume | ||
| $18.96 | $19.10 | $18.52 | 96070 | ||
| Last updated 15.59pm 10/05/2024 ? | |||||
| NEU (ASX) Chart |