Ive seen this all play out multiple times, I can give you multiple examples with the most recent being SLX
The market doesn't like backdoor sweetheart deals, the 20% discount will now be always factored in for when the next player wants in at a discount
There is no reward for early investors when someone can just throw some money at management once its derisked
Ann: Trading Halt, page-78
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Last
54.5¢ |
Change
-0.025(4.39%) |
Mkt cap ! $223.6M | |||
| Open | High | Low | Value | Volume |
| 56.5¢ | 58.0¢ | 54.0¢ | $427.1K | 768.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15352 | 54.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 56.5¢ | 3571 | 1 |
View Market Depth
| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| 4DX (ASX) Chart |