As I read the announcement the SPP is priced at $3.00 or a 5% discount to the 5 day market VWAP leading up to the close of the SPP.
I feel that if the price drops to $2.50 by the 15th of April you will be buying at $2.37 via the SPP.
I could be wrong on this but I don't think that I am.
Regards
Lockitt
why another placement, page-40
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Last
$1.48 |
Change
0.045(3.14%) |
Mkt cap ! $180.6M | |||
| Open | High | Low | Value | Volume |
| $1.44 | $1.48 | $1.43 | $20.86K | 14.46K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 406 | $1.47 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.85 | 1146 | 1 |
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| Last trade - 15.29pm 26/07/2024 (20 minute delay) ? |
| LGL (ASX) Chart |