SFR 2.46% $10.29 sandfire resources limited

why is the spp noy underwritten?, page-5

  1. 679 Posts.
    Shareprice will fall to the price that the SPP is subscribed at.
    Then the sophisticated investors will sell into the next price rise to get a profit.
    Bad time for share price, good time if you want to accumulate.
 
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