If we are looking at Capital Raisings of late.
Take Atlas ( AGO ) for example. 50 Million at $2 each announced to the market. They then promptly went from $2.20ish to $4 in a week.
If the market likes what Otto are using the funds for then the price goes up. Market dilution or not.
I think , me included, that the market likes the what Otto is doing.
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Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $57.54M |
Open | High | Low | Value | Volume |
1.2¢ | 1.2¢ | 1.2¢ | $9.808K | 817.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 12583061 | 1.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.3¢ | 11422192 | 21 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 12604116 | 0.012 |
11 | 8251101 | 0.011 |
4 | 3850000 | 0.010 |
2 | 140000 | 0.009 |
2 | 245123 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.013 | 11422192 | 21 |
0.014 | 5437214 | 11 |
0.015 | 6377000 | 13 |
0.016 | 1200004 | 2 |
0.017 | 372000 | 2 |
Last trade - 15.50pm 27/06/2024 (20 minute delay) ? |
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OEL (ASX) Chart |