If a company had a capital raise at say 5% discount to the current price and shorters hit it, then what was a 5% discount turns into a premium price.
Why would anyone invest their money at a premium?
It ends up hurting the company.
ASM Chart Thread, page-10268
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Last
56.0¢ |
Change
-0.070(11.1%) |
Mkt cap ! $101.5M | |||
| Open | High | Low | Value | Volume |
| 61.0¢ | 64.5¢ | 56.0¢ | $247.8K | 417.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 8141 | 56.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 59.0¢ | 10584 | 2 |
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| Last trade - 16.10pm 30/09/2024 (20 minute delay) ? |
| ASM (ASX) Chart |