WOR 1.29% $14.17 worley limited

I did buy a few at $14.31. However, I was wary because I...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 394 Posts.
    lightbulb Created with Sketch. 33


    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

 
watchlist Created with Sketch. Add WOR (ASX) to my watchlist
(20min delay)
Last
$14.17
Change
0.180(1.29%)
Mkt cap ! $7.649B
Open High Low Value Volume
$14.10 $14.24 $14.05 $15.93M 1.119M

Buyers (Bids)

No. Vol. Price($)
3 6787 $14.16
 

Sellers (Offers)

Price($) Vol. No.
$14.18 9834 2
View Market Depth
Last trade - 16.10pm 22/11/2024 (20 minute delay) ?
WOR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.