I don't expect any significant price drop when the SPP new shares come onto the market. Freedom Foods was able to offload $75m worth of shares @ 85c last week, without any damage to the share price. The SPP didn't issue anywhere near that number of shares did it? So even if all those who subscribed to the SPP and now sold all their new shares, I expect there'll be plenty of buyers looking to snap them up pretty quickly
I don't expect any significant price drop when the SPP new...
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Last
$6.81 |
Change
0.100(1.49%) |
Mkt cap ! $4.923B | |||
| Open | High | Low | Value | Volume |
| $6.72 | $6.84 | $6.70 | $10.26M | 1.513M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 9090 | $6.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.81 | 17768 | 3 |
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| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| A2M (ASX) Chart |