Yesterday was the last day for ON MARKET trades to settle on record date (18 June) for SPP entitlement, the price should drop back down to around 53-55c in the near term.
There has been some really attractive SPP plays of late
Just to name a few...
GNC @ $6.25, last traded $7.38 (18% in the money)
FMS @ 5.3c, last traded 6.1c (12% in the money)
MAK @ 43c, last traded 55c (20% in the money)
NMS @ 50, last traded 60c (20% in the money)
All the aboce have now closed for entitlements.
Good luck to NMS holders on this thread!
I have today SOLD out of my NMS stocks under 4 HIN's as todays trades will settle on Friday 19th - 1 day after record date and YES, I will still get the entitlement.
Regards
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