You're probably right about that michinyon. The only odd thing is that everyone can see the possibility of the price taking a hit on or after June 16, but healthy volumes continue to change hands now well above $1.50. I can't really explain that - why aren't these buyers waiting? They must be able to see that possibility.
One thing's for sure - if the price does dive back into the $1.50s post-SPP, the temptation to buy more at the expense of 'portfolio balance' will be huge.
Just 60 sleeps (give or take) and one more proof-of-concept hurdle to clear...
will spp effect share price, page-17
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Last
0.3¢ |
Change
-0.001(25.0%) |
Mkt cap ! $2.178M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.3¢ | $38.25K | 9.664M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 7384483 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 8191761 | 4 |
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| Last trade - 15.57pm 02/08/2024 (20 minute delay) ? |
| RNE (ASX) Chart |