invariably when there is a CR the stock price hovers above or around the CR price usually kept there imo by the underwriter or whoever want to make it attractive. This one is a bit stranger but still seems to be following the usual formula. the feathers will fly though once these news shares come on line. will 5 be the new black?
maybe tomboy i mean samboy is right and we will become a market darling and we will see our MC larger than a proven producer pumping out 22kt a year of nickel...I strongly doubt it but hey hindsight is 20/20!
Going on past performanc though I’d say xmas gap is a shoe in as is a consol pretty soonish.
T
posrx, page-178
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Last
0.3¢ |
Change
-0.001(14.3%) |
Mkt cap ! $12.54M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.3¢ | $11.61K | 3.004M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 102 | 61019922 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 47936267 | 27 |
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| POS (ASX) Chart |