Yes, I agree. A selloff on Monday is inevitable (unless they have a very impressive rabbit hidden in their hat, which I doubt) but the extent will be very telling. The volume will be indicative of how much faith in the company holders have, and the price will be indicative of how the (remaining) holders see the company. Obviously the faithful holders will be hoping for low volume and even more obviously they will want a minimal price drop in terms of both price and time. I wouldn't be game to make a prediction and other than the comical 40c figure I haven't seen anyone dare. I'm really looking forward to it (and as a non holder with no intention of buying but an investment elsewhere in the sector, I'm hoping for a mild drop in price, not so fussed about volume).
One potential bias I've only just thought of this minute is that perhaps it could be believed I'm hoping sellers will run away from AR9 and rush to TNT (which I hold). Hey, I suppose if people want to accuse me of potential bias, they have some shred of validity. I wouldn't have even thought of it unless I'd been accused of alterior motives and had searched for potentials.
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Last
6.9¢ |
Change
-0.001(0.72%) |
Mkt cap ! $19.92M |
Open | High | Low | Value | Volume |
6.9¢ | 6.9¢ | 6.9¢ | $316 | 4.58K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 55420 | 6.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.0¢ | 44004 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 55420 | 0.069 |
3 | 42086 | 0.068 |
1 | 50000 | 0.065 |
1 | 7820 | 0.064 |
1 | 60000 | 0.063 |
Price($) | Vol. | No. |
---|---|---|
0.070 | 44004 | 3 |
0.071 | 101000 | 2 |
0.073 | 66000 | 1 |
0.074 | 3000 | 1 |
0.075 | 23500 | 1 |
Last trade - 12.33pm 01/10/2024 (20 minute delay) ? |
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