Trading seems to indicate that short covering might be concluded and Bergen has either reduced exposure ( guaranteed returns of investment by end of year for 15 % of outlay ) or returned the favour for low conversion prices provided by other entiity.
However one wants to read this, it appears to be over.
New buyers would want to wait for clarity in regards to further selling pressure.
Bergen would likely not offload entire portfolio at these prices as I would suspect that they expect returns over 10 cents for their investments, once proper PE ratios are in place and several positive news being digested by market, in my opinion.
Positioning during Dec should accelerate at that point when market seems confident that selling concluded.
- Forums
- ASX - By Stock
- ADO
- Liquidity
Liquidity, page-109
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ADO (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $46.90M |
Open | High | Low | Value | Volume |
1.9¢ | 2.0¢ | 1.8¢ | $14.63K | 773.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
16 | 2514072 | 1.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.9¢ | 1915345 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
16 | 2514072 | 0.018 |
5 | 807891 | 0.017 |
5 | 1728529 | 0.016 |
8 | 1703869 | 0.015 |
4 | 1200000 | 0.014 |
Price($) | Vol. | No. |
---|---|---|
0.019 | 1915345 | 2 |
0.020 | 407481 | 5 |
0.021 | 492570 | 5 |
0.022 | 5000 | 1 |
0.023 | 88335 | 1 |
Last trade - 15.57pm 14/08/2024 (20 minute delay) ? |
Featured News
ADO (ASX) Chart |