What do readers think about the upcoming SPP
Existing shareholders allowed to apply for 15k's worth at
28c with a maximum of A$20mmillion and a possible extra percentage if oversubscribed,as in the case of the Institutional placement
My calculations tell me that if 1333 investors apply for the full 15k entitlement,that takes care of the A$20 million.
For myself I bought a moderate amount on Thursday morning when the TH came off at 29.5 cents beleiving there will be scale back,so whatever I should average out at around 29 cents.
Anyone else have an opinion
Keep the faith
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Last
31.0¢ |
Change
-0.005(1.59%) |
Mkt cap ! $450.9M | |||
| Open | High | Low | Value | Volume |
| 31.5¢ | 31.8¢ | 31.0¢ | $897.5K | 2.872M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 79201 | 31.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.5¢ | 138883 | 3 |
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| Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
| IMM (ASX) Chart |