SPX 11.1% 0.8¢ spenda limited

Positive SPX, page-614

  1. 3,616 Posts.
    lightbulb Created with Sketch. 417
    Lol good luck buying 400m shares on market when there are only 60m up for grabs currently.

    I wouldn't complain if they did, would be pretty amusing to see the reaction when the SP went from 1.2c to 15c in one foul swoop! But yeah not going to happen.

    And given the very low volume of sellers as we get closer to Capricorn buy in, big Hospo group announcement and who knows what else, chances of any decent number of shares appearing or being dumped on market to allow capricorn to fill 400m under 1.75c are zero.

    If capricorn wants more than 400m i would expect they would buy up just prior too taking up the offer and then potentially take some big chomps after absorbing any profit takers. That would maximise their yeild and also wipe out all the bottom feeder traders playing for pips... if they dont do it themselves ALA ExtremeLand special sell 1c buy 1.2c profit?
 
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Last
0.8¢
Change
-0.001(11.1%)
Mkt cap ! $34.59M
Open High Low Value Volume
0.9¢ 0.9¢ 0.8¢ $16.40K 2.047M

Buyers (Bids)

No. Vol. Price($)
14 7984422 0.8¢
 

Sellers (Offers)

Price($) Vol. No.
0.9¢ 3485949 6
View Market Depth
Last trade - 16.10pm 27/08/2024 (20 minute delay) ?
SPX (ASX) Chart
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