I have loaded up at 1.3c and have another buy order at 1.2c.
Many Global holders have already BPAY'ed their funds to GRM for the rights issue.
If you can get shares at 1.2c it does eliminate financial benefit from taking up the rights issue. At 1.3c and above it is still worthwhile, speaking purely mathematically.
Options at a head price of 1.3c will have a market value of .003-.004c, split the difference and you are still .0005c better off taking up the rights issue than buying at 1.3c.
Not 1 holder was willing to sell today at 1.2c on another big down day.
Ann: Letter to Shareholders , page-19
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Last
14.5¢ |
Change
0.010(7.41%) |
Mkt cap ! $60.70M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 14.5¢ | 13.5¢ | $4.941K | 35.18K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 30000 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 74741 | 2 |
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| Last trade - 13.05pm 26/11/2024 (20 minute delay) ? |
| AMN (ASX) Chart |
