AP is spot on in the interview when assessing the current SP in that there are three factors that are halting the SP. Firstly the tax loss selling, secondly that the options are in the money (expiring in Sept 22) and thirdly the overall market negativity. Tax loss selling is nearing its end and the options are getting closer to there expiry date. I've topped up today post listening to AP, this stock is about to get real interesting.
Ann: Zapato-1 Drilling Update, page-51
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Last
3.0¢ |
Change
-0.001(3.23%) |
Mkt cap ! $104.4M | |||
| Open | High | Low | Value | Volume |
| 3.1¢ | 3.1¢ | 3.0¢ | $7.156K | 235.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 2061086 | 3.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.1¢ | 471363 | 7 |
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| MAY (ASX) Chart |