In My opinion.....I think that many will take up the new shares (but not the full $15,000 worth) and then a significant number of them will do a sell off to make a quick profit and recoupe some of that $15,000 outlay.....then IMO the S/P will drift back to the SPP starting point.
What a horrible time of year to raise say $15,000 and how quickly this has happened is mind blowing.
spp, page-2
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Last
24.5¢ |
Change
-0.010(3.92%) |
Mkt cap ! $706.7M | |||
| Open | High | Low | Value | Volume |
| 25.5¢ | 25.5¢ | 24.0¢ | $861.7K | 3.481M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 117457 | 24.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.0¢ | 50173 | 3 |
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| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| BCI (ASX) Chart |