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
$7.20 |
Change
0.050(0.70%) |
Mkt cap ! $17.06B | |||
| Open | High | Low | Value | Volume |
| $7.16 | $7.20 | $7.12 | $21.85M | 3.041M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 23183 | $7.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.20 | 48020 | 24 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| IAG (ASX) Chart |