Maybe ASB Morningstar should put their money where their mouth is.....Buy Buy Buy...Valuation $8.30 for the last month or so.
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I missed that, until after midday. Bit of an unseemly rush?
I'm a shareholder, but no longer through a managing broker (FB charges like a wounded bull), so didn't receive any communication from ZEL that I'm aware of, to allow me to partake in the placement. I did spot the Direct Broking banner, but it omitted any reference to a midday deadline, which would have been useful.
Still, at $2.75 I think I'd still have decided to wait for the SPP, which may very well end up cheaper!
I think the SPP is also $2.75
I didn't see the banner on the Direct Broking website and I am undecided if I want to participate in the SPP. It looks like another one of those stupid put in up to $50K and we will hang on to it, give you almost no shares and then when they finally get around to it refund the balance. I much prefer rights issues with the option to oversubscribe. It makes it much easier to gauge how much money to put in. I have so many SPP at the moment that I want to be selective