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SE1 is sitting well above issue price of SPP.. I think this is...

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elzephyrus

3,459 Posts.

58

18/09/18

19:01

Post #: 35680235
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Originally posted by RM8 ↑

Yeah may as well although it will be hard work getting your 15K worth at a price near the SPP.

Today's total volume would have filled what .... a bit over 4 and half full allocations? Expect you'll have to pay a bit more than current SP as the low volumes would force the price up, which is going to still be low for long termers IMO.

It's all a bit of a gamble. If you sell current holdings to pay for SPP and then don't get them you've successfully shot yourself in the foot.

I can't see why they would wind it back but you never know. Haven't seen many SPP's where the SP doesn't retreat to the offer price or below after the offer is finalised but this may well be an exception, especially when considering the risk of another order being announced at any time, then there will be no chance.

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SE1 is sitting well above issue price of SPP.. I think this is just a few people trying to sell above SPP to take up their entitlement..

BCT Price at posting: 6.1¢ Sentiment: Hold Disclosure: Held
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