In order to clear up this situation, I emailed MR and asked a few questions.
He was on his way back from the USA, and said:
- The NASDAQ hasn't given us an actual listing dates yet.
- Once this date is given the market makers lead by Deutsche Bank, Noble and Aegis may begin purchases as they deem fit to demand in the US. No new shares will be issued they will be transferrable from the asx.
There you have it folks...all the buying must just be aussie instos and cashed up people with half a brain getting ready for the inevitable economics 101 demand vs supply SP appreciation!!!
Interesting there are a few market makers, so there is even competition amongst them as to who will get the cheapest shares for their clients, adding more rocket fuel to the rather large fire!
IMO...you want to be onboard sooner rather than later, as this fire is uncontrolable and unpredictable, and is about to leap over containment lines and burn baby burn!!!
Sentiment: Scorching hot buy :)
bnym yet to begin buying
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Last
29.5¢ |
Change
-0.040(11.9%) |
Mkt cap ! $428.5M | |||
| Open | High | Low | Value | Volume |
| 32.0¢ | 33.0¢ | 28.0¢ | $7.278M | 23.75M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 53192 | 29.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.5¢ | 41048 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| IMM (ASX) Chart |