Telix Pharmaceuticals Limited

ASX:TLX

Telix Pharmaceuticals Limited

ASX:TLX
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$24.62 (-0.5%)
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#19
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Forum Topics TLX TLX Telix Pharmaceuticals General Discussion
Remorhaz
Added 3 years ago

I'm just wondering - if someone more knowledgeable than I could comment - why would anyone participate in the current TLX retail SPP - the current share price is almost 12% below the SPP price - so surely you'd be better off just buying them on market rather than participating if you wanted more shares?

7
barney
Added 3 years ago

No brokerage :)

My first reaction was they have put together the paperwork and the shares have subsequently fallen. Well I was correct on one part, the shares have fallen, but the release was only today. The doc states the price is the same as the recent insto placement - can only speculate that it's to not ruffle insto feathers.

You are correct, if you want more, on market is the place to be buying.

8
Remorhaz
Added 3 years ago

Yep I saw that - but I picked up some shares on market (in RL) a week or so ago (at significantly less than $7.70) so I'll not need to participate in SPP

9