At $5.50 for the spp allocation and with IAG trading around the $6.25 level why wouldn't you take them up?
Take up the full entitlement of 909 (if you get them all) and you could tip them straight back out for a nice $700 profit.
Your only risk is between the date you decide to take them up to the allotment date of 31/1 and then the commencement of trading date on 5/2.
For me, I will take them up and add them to my SMSF holding for the long term.
At $5.50 for the spp allocation and with IAG trading around the...
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Last
$7.61 |
Change
0.060(0.79%) |
Mkt cap ! $18.03B | |||
| Open | High | Low | Value | Volume |
| $7.50 | $7.65 | $7.47 | $27.10M | 3.570M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 56858 | $7.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.64 | 67 | 1 |
View Market Depth
| Last trade - 16.10pm 02/09/2024 (20 minute delay) ? |
| IAG (ASX) Chart |