That method requires that you sell at or above 1.8cps, then buy back at 1.8cps through the RI. I assume you dont want to buy them back for a higher price than what you sold them for, unless you're a very loyal and supportive shareholder...Its already trading at 1.8c and I dont see much on-market demand now, let alone to absorb a wave of selling from those using your strategy.
Taking up your rights?, page-21
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $57.86M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.3¢ | 0.2¢ | $2.871K | 1.430M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 237 | 229711066 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 542559084 | 199 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| 88E (ASX) Chart |