What's got me stumped is that the market is expecting a CR (hence all this selling...)
Why aren't they pulling the trigger now? or upon release of the quarterly?
The longer they're waiting, the lower the 5-day VWAP price & hence the lower the CR price which will lead to more dilution for the same $ raised.
Using a standard 20% discount (standard for micro-caps); They'll be raising at 5.5c at the moment... but given the huge slide, perhaps the SI's in the raising will want more of a discount?
I'm just thinking out aloud - don't get offended by my thoughts, they're not intended to ramp up or down.
- Forums
- ASX - By Stock
- ODE
- CR8 TA Thread
CR8 TA Thread, page-480
-
- There are more pages in this discussion • 421 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ODE (ASX) to my watchlist
|
|||||
Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.129M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.3¢ | $34 | 11.36K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 4507366 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 13733550 | 23 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 4507366 | 0.003 |
33 | 49347722 | 0.002 |
8 | 22500000 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 13733550 | 23 |
0.005 | 8113423 | 11 |
0.006 | 4452797 | 6 |
0.007 | 3941681 | 6 |
0.008 | 1454976 | 4 |
Last trade - 15.59pm 17/07/2024 (20 minute delay) ? |
Featured News
ODE (ASX) Chart |