It also depends on how many people are at the auction.
The more people bidding the more likely the price is going to rise.
Basic supply and demand.
So if the US biotech investors and instos look at the news wires and see this hot little aussie microcap with an already proven ( provenge)dendritic cell therapy 18 months away from registration listing on the nasdaq will they start buying?
My guess is yes.
And the more they buy the more the Bank of New York Mellon will be forced to buy on market on the ASX at a rate of 30-1.
Eventually I expect we will do a cap raise and issue more shares once the new level is established now springtree have been terminated.
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31.5¢ |
Change
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Mkt cap ! $458.1M |
Open | High | Low | Value | Volume |
31.5¢ | 31.8¢ | 31.0¢ | $235.5K | 747.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
22 | 623307 | 31.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
31.5¢ | 69874 | 11 |
View Market Depth
No. | Vol. | Price($) |
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20 | 602571 | 0.310 |
21 | 236808 | 0.305 |
27 | 536332 | 0.300 |
12 | 184404 | 0.295 |
11 | 293739 | 0.290 |
Price($) | Vol. | No. |
---|---|---|
0.315 | 66891 | 11 |
0.320 | 91031 | 13 |
0.325 | 75385 | 5 |
0.330 | 204764 | 7 |
0.335 | 201241 | 8 |
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