Could easily go either way depending on the reasoning behind the CR i.e is it acquisition related (MYX/ACX) or a veiled attempt to increase cash on hand (ICQ etc).
AJM just had massive over subscription at 20cents and within weeks has hit 15cents.
p.s. Selfishly hoping for a momentary slump post CR put think it's unlikely...
Ann: Trading Halt-EMC.AX, page-57
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Last
12.0¢ |
Change
-0.005(4.00%) |
Mkt cap ! $129.1M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 12.5¢ | 12.0¢ | $6.669K | 54.92K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 423146 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 54363 | 2 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| FLC (ASX) Chart |