I'll put my hand up and say I've taken the risk of selling $30k worth today at $1.65....
with the view of buying back at $1.45..... it won't drop below $1.45....
yes it's a risk it will be oversubscribed..... but so was their last one and they took the cash.... plenty more financing required so why not grab what's on offer now....
I reckon they tried to spook people from doing the above by saying they would consider trading activity when working out ---: back.... risk worth taking based on my experience of previous raising...
at $1.54 there's not enough margin to be gained over $30k worth of shares to bother. so I doubt it will go any lower than where it is now.
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Last
37.0¢ |
Change
-0.010(2.63%) |
Mkt cap ! $158.6M |
Open | High | Low | Value | Volume |
38.0¢ | 38.0¢ | 37.0¢ | $90.75K | 243.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 59977 | 37.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
37.5¢ | 50571 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 61984 | 0.370 |
13 | 115225 | 0.365 |
30 | 368956 | 0.360 |
6 | 86723 | 0.355 |
14 | 153282 | 0.350 |
Price($) | Vol. | No. |
---|---|---|
0.375 | 52925 | 7 |
0.380 | 12912 | 2 |
0.385 | 53117 | 4 |
0.390 | 23030 | 3 |
0.395 | 70975 | 2 |
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