That method requires that you sell at or above 1.8cps, then buy back at 1.8cps through the RI. I assume you dont want to buy them back for a higher price than what you sold them for, unless you're a very loyal and supportive shareholder...Its already trading at 1.8c and I dont see much on-market demand now, let alone to absorb a wave of selling from those using your strategy.
Taking up your rights?, page-21
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Last
0.2¢ |
Change
-0.001(25.0%) |
Mkt cap ! $57.86M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $101.1K | 50.90M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 513 | 1358284432 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 99856179 | 19 |
View Market Depth
| Last trade - 15.59pm 20/11/2024 (20 minute delay) ? |
| 88E (ASX) Chart |
