+ 8,000,000 dont just drop out of the sky. A large percentage of both sides would have to be aware of the trading opportunity before the orders were entered into the market.
What ever it says, its certainly part of a shuffle of ownership from parties with less faith or less obligation to those with more faith or more obligation.
If the recent share placement was purely executed to parties with 100% undying devotion and faith in the short term prospects of the company they would not be parting with their current holdings especially the FPO. However, it is very unlikely that there has ever been a placement that meets that criterion.
Will be interesting to see if the EMROs do any shuffle of ownership in the next little while.
For those that hold its good to see someone is prepared to hold the baby and for those that wanted to it to slump, I guess it too bad.
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Last
$3.83 |
Change
0.060(1.59%) |
Mkt cap ! $2.513B |
Open | High | Low | Value | Volume |
$3.80 | $3.88 | $3.80 | $9.066M | 2.360M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 1395 | $3.83 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.84 | 10000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 1395 | 3.830 |
1 | 4000 | 3.800 |
1 | 1298 | 3.790 |
3 | 1831 | 3.780 |
4 | 33598 | 3.770 |
Price($) | Vol. | No. |
---|---|---|
3.860 | 10760 | 2 |
3.870 | 2443 | 3 |
3.880 | 11065 | 2 |
3.890 | 1065 | 1 |
3.900 | 13665 | 3 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
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EMR (ASX) Chart |