From what I've seen in the last year, in most of the SPP"s, the market price usually drops back to the issue price of the new shares within a few weeks of issue. That is why I no longer participate in SPP's unless they carry free or low conversion attached options.
spp status, page-7
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Last
$1.94 |
Change
-0.060(3.01%) |
Mkt cap ! $2.214B | |||
| Open | High | Low | Value | Volume |
| $1.96 | $2.00 | $1.94 | $5.181M | 2.651M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 69014 | $1.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.95 | 3271 | 1 |
View Market Depth
| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| RMS (ASX) Chart |