Fundies would love to see the deal get done at or around $4.60; the lower the price, the better for the placement's buyers. They would no doubt be telling Ord Minnett and Sezzle that Thursday's trading was just hot air from fringe retail investors and not reflective of the company's true underlying value.
The stats back up their case. More than a third of the gross value traded in Sezzle on Thursday – or $29.2 million across 4033 trades – was handled by CommSec, according to Bloomberg.
Possible target price of $15-20, page-2288
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Last
$2.25 |
Change
0.055(2.51%) |
Mkt cap ! $2.828B | |||
| Open | High | Low | Value | Volume |
| $2.20 | $2.30 | $2.18 | $22.05M | 9.877M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 28 | 112126 | $2.24 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.25 | 239554 | 34 |
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| Last trade - 12.16pm 19/08/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |