I did buy a few at $14.31.
However, I was wary because I suspected that we would end up in the position that we have now reached, which is that the retail entitlement will likely close with the underwriters having to take up a large retail shortfall. That will create an overhang of stock, which may see the SP suppressed for a while. Another consideration is that I already have largish holding in WOR.
If the entitlement shares had stayed well in the money it was a no-brainer to take up the shares and then decide what to do with them, but that is not the where we are.
cheers
Ann: WorleyParsons Retail Entitlement Offer Update, page-12
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Last
$13.86 |
Change
-0.120(0.86%) |
Mkt cap ! $7.649B | |||
| Open | High | Low | Value | Volume |
| $14.11 | $14.16 | $13.86 | $12.08M | 868.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 13996 | $13.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.87 | 2900 | 1 |
View Market Depth
| Last trade - 16.10pm 27/11/2024 (20 minute delay) ? |
| WOR (ASX) Chart |
