Well we have reporting due out in the morning.
All I can say is all those instos that came in at 70c PLUS all those analysts saying the price should be around $1.20 would be REALLY hoping that the news tomorrow has some wow factor attached to it.
Otherwise, some large instos will be sitting at their 15% holding worth around 50% what they paid a few weeks ago, and analysts estimating a share worth which is now 25% of what they estimated.
If that's the case, expect some fireworks as a few fairly big groups investigate what went wrong - what was it they missed in their valuations, was any info hidden, were PDN comments giving a much rosier position etc. I realise that the PDN position is that the paused asset sale and this CR are totally independent events - but these are all options to look into. The Singaporeans must be fuming.
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$11.40 |
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-0.345(2.94%) |
Mkt cap ! $3.424B |
Open | High | Low | Value | Volume |
$11.94 | $11.94 | $11.32 | $22.07M | 1.912M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
20 | 3622 | $11.39 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$11.40 | 2875 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 4745 | 11.390 |
7 | 4239 | 11.380 |
11 | 9002 | 11.370 |
9 | 5666 | 11.360 |
11 | 19709 | 11.350 |
Price($) | Vol. | No. |
---|---|---|
11.400 | 863 | 7 |
11.410 | 5124 | 23 |
11.420 | 9224 | 23 |
11.430 | 4816 | 14 |
11.440 | 6731 | 10 |
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