If the STOCK IS TRADING BELOW THE ISSUE PRICE OF THE SPP, NO one will take it up!
Eg.
$5,000 SPP @ 7.5c = 66,666 SHARES
Current price 6c
$5,000 @ 6c = 83,333 SHRES
You will get LESS shares if you wait for SPP at 7.5c!
WHY would anyone take up a 7.5c offer and get LESS SHARES)
Hence why I can NOT understand why the SPP will be at 7.5c
I can not see the spp price being at 7.5c
If the STOCK IS TRADING BELOW THE ISSUE PRICE OF THE SPP, NO one...
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Last
34.5¢ |
Change
0.005(1.47%) |
Mkt cap ! $501.1M | |||
| Open | High | Low | Value | Volume |
| 34.0¢ | 34.5¢ | 32.5¢ | $659.6K | 1.969M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 399004 | 34.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.5¢ | 4457 | 1 |
View Market Depth
| Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
| IMM (ASX) Chart |