Punters here should take a look at BIT to appreciate what a quality broker and setup can do - almost identical play to SUD
BIT had a shocker of a chart, falling from over 10c down to <2c
The company conducted a heavily oversubscribed rights issue at 1.5c with options roughly 3 times out of the money - CPS as lead broker
The rights issue was conducted before material news that was expected
Guess what ... they also ran into delays and saw a few months of on market consolidation after the stock was issued in May
However when the news eventually hit, BIT rallied to an intraday high today of 11c !
Participants in the placement up 7.3 times their money on heads alone
This is why I followed CPS into SUD and why I have patience for the deals to be delivered ... at the right time, this thing could go parabolic
- Forums
- ASX - By Stock
- ALA
- Yet another CPS cracker ...
Yet another CPS cracker ...
- There are more pages in this discussion • 53 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 ALA (ASX) to my watchlist
(20min delay)
|
|||||
Last
13.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $141.7M |
Open | High | Low | Value | Volume |
14.0¢ | 14.5¢ | 13.5¢ | $113.9K | 814.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 393710 | 13.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
14.0¢ | 3153 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 319636 | 0.135 |
14 | 472819 | 0.130 |
6 | 229992 | 0.125 |
16 | 491028 | 0.120 |
8 | 331696 | 0.115 |
Price($) | Vol. | No. |
---|---|---|
0.145 | 1723562 | 6 |
0.150 | 400007 | 6 |
0.155 | 684615 | 4 |
0.160 | 427411 | 4 |
0.165 | 265000 | 2 |
Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
|
|||||
Last
14.0¢ |
  |
Change
0.000 ( 3.70 %) |
|||
Open | High | Low | Volume | ||
14.0¢ | 14.5¢ | 13.5¢ | 234426 | ||
Last updated 15.51pm 14/06/2024 ? |
Featured News
ALA (ASX) Chart |