There is this cliched quote about the stockmarket being about the transfer of wealth from the impatient to the patient and I think that this truly applies in this instance.
Stock issues also tend to have a negative impact on the SP initially because of the dilution they cause. Maybe forces are at work to push the issue price down? I don't know much about the issue to be honest, has an issue price been set or will it be based on the average value over a coming trading week?
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$3.50 |
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Mkt cap ! $244.5M |
Open | High | Low | Value | Volume |
$3.40 | $3.58 | $3.40 | $866.2K | 245.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5 | $3.50 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
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View Market Depth
No. | Vol. | Price($) |
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1 | 1575 | 3.450 |
1 | 4000 | 3.410 |
1 | 290 | 3.400 |
1 | 5000 | 3.350 |
Price($) | Vol. | No. |
---|---|---|
3.540 | 7791 | 1 |
3.570 | 15289 | 1 |
3.580 | 10192 | 2 |
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