it was just statistics. Yeah, i wonder why all the lines were lined up soaking above.
Its a natural stair case event. When there is always that supply that has some profit in it.
There was a high probable event that 1c would be hit.
A modest chance that a break even trade could occur at 0.8-0.9c in lou of sell option as well at 0.1/0.2c to break even. But why would you bother participating if you were that unsure of sending money in to get out again.
So possible,. Maybe the 0.9-1.0 would get a look.
Given the substantial discount from 3c, how many holders will be taking it up ? Who would average their position ?
One thing for sure, it needs to close out, before it can rationalize its value somewhere to the previous MC when was trading at 3-4c.
You wonder, if this is a large discount to dis enfranchise the retail, and to be soaked by larger players.
So was the excessive discount, to encourage retail ? or discourage them ? Curious.
- Forums
- ASX - By Stock
- OSL
- Ann: Non-renounceable Rights Issue Offer Prospectus
Ann: Non-renounceable Rights Issue Offer Prospectus, page-117
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add OSL (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.5¢ |
Change
-0.001(10.0%) |
Mkt cap ! $14.99M |
Open | High | Low | Value | Volume |
0.5¢ | 0.6¢ | 0.5¢ | $23.54K | 4.717M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
30 | 22748266 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 5252373 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
30 | 22748266 | 0.004 |
8 | 5623547 | 0.003 |
6 | 5457516 | 0.002 |
4 | 7800000 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 5252373 | 2 |
0.006 | 18658410 | 25 |
0.007 | 24904167 | 20 |
0.008 | 9343848 | 9 |
0.009 | 12462253 | 5 |
Last trade - 15.55pm 25/06/2024 (20 minute delay) ? |
Featured News
OSL (ASX) Chart |