CSS 2.63% 18.5¢ clean seas seafood limited

SPP 2017, page-8

  1. 954 Posts.
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    @kingkook
    No, well they will announce the placement on Friday. Then normally it will have a maximum rate for the placement and on the other hand a discounted rate. As from the last SPP that was 15% of the last 5 trading days. If the trading remained the same range as now... @0.073 then you could say:
    0.073*85% = 0.06205
    Let's just say a rounded number 0.06
    It is a bargain and considering they have shown progress since the last SPP you can imagine, it should continue. Your call if you want discounted shares, now that you have a rough idea of the future revenues and substantial profit increase forecast. Completely your choice or just watch it happen.
    Last edited by andy_verce: 17/10/17
 
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