Yes but it will take longer for SP movement compared to if the company has 200m shares.
Especially when the SP is just 20c... If it was $2.00, it may be harder for shorters to take advantage compared to shorting it at 20c.
Just my thoughts though so DYOR everyone. I honestly would probably stay away from this until there is a share buy back of at least 1.75b shares to leave around 450m left in the market.
Ann: AERIS $50M PLACEMENT PRESENTATION, page-57
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Last
19.5¢ |
Change
0.015(8.33%) |
Mkt cap ! $188.6M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 20.0¢ | 18.0¢ | $333.5K | 1.750M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 32231 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 268124 | 7 |
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| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| AIS (ASX) Chart |