It’s always unpleasant to sit on paper losses but even more unpleasant to realise them, especially when there is absolutely no logical reason to do so. I cannot see anything about this company that has changed since their IPO other than seed investors taking profits and creating a buying opportunity for others. If BIO did their IPO at current prices they would be offering the business at around $10m pre-money - you don’t see offers like that often or at least I haven’t.
I think the drop in share price is just noise for now. I will be looking to the company’s fundaments. As far as I am concerned, nothing has changed
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Last
50.0¢ |
Change
-0.025(4.76%) |
Mkt cap ! $107.6M |
Open | High | Low | Value | Volume |
52.0¢ | 56.0¢ | 50.0¢ | $818.8K | 1.567M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 90581 | 50.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
51.5¢ | 6000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 90581 | 0.500 |
3 | 109999 | 0.495 |
4 | 129500 | 0.490 |
4 | 157500 | 0.480 |
1 | 6315 | 0.475 |
Price($) | Vol. | No. |
---|---|---|
0.525 | 89225 | 2 |
0.560 | 40000 | 1 |
0.565 | 30000 | 1 |
0.575 | 7000 | 1 |
0.600 | 25000 | 2 |
Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
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BIO (ASX) Chart |