It's the market cap that's the most important over the next few quarters IMO, as I said the sooner we get the dilution the better which is for two reasons.
First reason being the removal of uncertainty for investors looking to enter and secondly to push towards entry into the ASX200, that will be when the real volume hits and allows anyone wanting to exit larger holdings to do so.
Rising RE prices would get the ball rolling but I think more importantly some good sized buys by the directors would have the same effect.
Takeover Target?, page-75
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Last
$7.06 |
Change
0.040(0.57%) |
Mkt cap ! $6.599B | |||
| Open | High | Low | Value | Volume |
| $7.00 | $7.12 | $6.92 | $27.09M | 3.845M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 75156 | $7.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.08 | 480 | 1 |
View Market Depth
| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| LYC (ASX) Chart |