As a newbie to trading (and an age pensioner) , I bought WML shares @20c, as an IPO; and received stock in ARK (I understood there was to be a change of name). When WML went on the market , it was 14c, ...with such a huge discrepancy, does this mean I made a poor choice, or was the 20c price, set by people who sold at that price and then replaced them @14c....what i believe is called shorting.....can anybody explain this to me.
I contacted the secretary who simply said it was people selling at a loss....how may thousands of people would have assumed (like me) would have assumed the opening price would be a minimum of 20c....or why would they bother to buy at that price.
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Last
0.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.402M | |||
| Open | High | Low | Value | Volume |
| 0.1¢ | 0.1¢ | 0.1¢ | $1.83K | 1.829M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 5709207 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 103656540 | 49 |
View Market Depth
| Last trade - 15.58pm 01/07/2025 (20 minute delay) ? |
| OB1 (ASX) Chart |