I've bought in at 4c and I agree in part . Maybe only 10% of companies ever stay above their cap raise prices short term. CRO is definitely going down to or below cap raise price come Monday, UNLESS they release spectacular news along with the cap raise.
Having said that, the company definitely seems to be moving in the right direction with mergers, increase in revenue, increase in awareness so that means that even if or when we drop, it doesn't mean SP won't be back up in 1 week , 1 month or 1 year.
The stock market is a way to transfer money from the impatient to the patient .
GLAH
Ann: Trading halt, page-348
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Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $38.92M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 0.9¢ | 0.9¢ | $4.115K | 457.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 2231112 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 187770 | 2 |
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| Last trade - 14.03pm 29/07/2024 (20 minute delay) ? |
| SPX (ASX) Chart |