"Why not the price a week ago?"
The problem with a SSP higher then the market price is that no-one would accept their entitlement because they can buy the shares cheaper on market.
SPPs are always "intended" to be a lower price to encourage people to take them.
At the end of the day a SPP is a method for getting cash and so there is a requirement for a bit of "Greed" psychology behind it.
"Why not the price a week ago?"The problem with a SSP higher...
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Last
32.0¢ |
Change
0.020(6.67%) |
Mkt cap ! $464.8M | |||
| Open | High | Low | Value | Volume |
| 30.5¢ | 32.3¢ | 30.0¢ | $1.040M | 3.328M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 31.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.0¢ | 42705 | 2 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| IMM (ASX) Chart |