Unless there's a broker report out there putting them as a screaming good buy, my guess is the selling pressure of people raising cash to take up the rights should start in the next day or two.
most people sitting on a loss , so its a good way to average down esp at 42c , the only sellers of rights will be people who cant afford to pay 42c i reckon. so they be the only sellers i reckon
most people sitting on a loss , so its a good way to average down esp at 42c , the only sellers of rights will be people who cant afford to pay 42c i reckon. so they be the only sellers i reckon
Appears to be good buying interest around as capital raising has been so very very well signaled?
Appears to be good buying interest around as capital raising has been so very very well signaled?
hopefully the instos will be buying up any rights available to average there price down even more and big hopeful is that it turns into a nuplex type opportunity - those who brought into nuplex similar situation were well rewarded a few yrs down the track
Always one to dive back into the crocodile pit I bought a bucket of shares after the 1:1 was announced and having got the offer docs in the email today I have paid my $0.42s for another bucket load (though you have till 13-Dec to do it).
So currently sitting on a choice paper profit which hopefully will get bigger & bigger with time.
Though it may not.
Always one to dive back into the crocodile pit I bought a bucket of shares after the 1:1 was announced and having got the offer docs in the email today I have paid my $0.42s for another bucket load (though you have till 13-Dec to do it).
So currently sitting on a choice paper profit which hopefully will get bigger & bigger with time.
Though it may not.
Best Wishes
Paper Tiger
like wise brought a bucket load after they announced the cap raise
I've tripled up in the rights issue - it was well signalled but I'm impressed at how strong Tower are trading during rights trading....clearly a lot of demand and value seen in the stock here...could be 70c+ by Xmas
I've tripled up in the rights issue - it was well signalled but I'm impressed at how strong Tower are trading during rights trading....clearly a lot of demand and value seen in the stock here...could be 70c+ by Xmas
I've tripled up in the rights issue - it was well signalled but I'm impressed at how strong Tower are trading during rights trading....clearly a lot of demand and value seen in the stock here...could be 70c+ by Xmas
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