That’s a fair enough position to take......but I guess the hesitation for some holders doing that would be :
(1) uncertainty over what price you’ll be paying until the very end of the process (the 5 day averaging period goes right to the end and some very late manipulative trading can’t be ruled out)
and
(2) no guarantee you’ll get the $ amount you’ve put in for (unless you’re only applying for an amount that keeps you proportionately where you’re at)
If you buy on market at least you can pretty much name your price and quantity.
With 3 days of the 5 averaging days to go there is still plenty of scope for the stock to drop or surge and upset any leanings (ie either towards SPP or ‘on market’) you might currently have.
CSL Price at posting:
$262.42 Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)