I think this is a good move by management because it should reduce short term volatility in the stock. Institutional shareholders generally don't like short term volatility and I think it's a reason there are so few instos on the register for what is now a $1bn+ market cap stock (the relatively low liquidity has also kept the instos away, although that it starting to improve).
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Last
17.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $74.27M |
Open | High | Low | Value | Volume |
18.0¢ | 18.0¢ | 17.5¢ | $40.71K | 229.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 2141678 | 17.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
18.0¢ | 2268400 | 21 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 2141678 | 0.175 |
5 | 3072000 | 0.170 |
1 | 18186 | 0.165 |
1 | 100000 | 0.160 |
1 | 387096 | 0.155 |
Price($) | Vol. | No. |
---|---|---|
0.180 | 2104400 | 19 |
0.185 | 127069 | 4 |
0.190 | 73847 | 3 |
0.195 | 500000 | 1 |
0.200 | 208387 | 10 |
Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
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