The more generous the entitlement the more pressure on the sp just after going ex as the dilution effect is heavier and there more room to sell down and still make money on the offer. Same thing happens when the new shares list, people just take profits, simple. Free option is attractive but to trade at .004 sp needs to be .016, been there lately? Things are setting up well but the price will fall ex entitlement, just the nature of the beast
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Last
1.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $52.87M |
Open | High | Low | Value | Volume |
1.7¢ | 1.7¢ | 1.6¢ | $15.87K | 963.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 3664858 | 1.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.7¢ | 2736651 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 3624858 | 0.016 |
32 | 8236263 | 0.015 |
22 | 7583321 | 0.014 |
7 | 1955054 | 0.013 |
8 | 4499414 | 0.012 |
Price($) | Vol. | No. |
---|---|---|
0.017 | 2736651 | 6 |
0.018 | 2395165 | 8 |
0.019 | 783211 | 6 |
0.020 | 3280030 | 16 |
0.021 | 1778214 | 12 |
Last trade - 16.10pm 12/08/2024 (20 minute delay) ? |
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