The Instos will have an incentive to hold and let the price rise if there is a discounted option they can use later. Otherwise they might just sell and get a cheap profit now out of a recent rune of SP jumps.
Also there had to be a big sweetener for the risk as company is still in growth mode and cash flows are not guaranteed yet.
Ann: Investor Presentation Imbio acquisition and capital raise, page-12
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Last
57.5¢ |
Change
0.005(0.88%) |
Mkt cap ! $236.0M | |||
| Open | High | Low | Value | Volume |
| 59.0¢ | 61.5¢ | 57.5¢ | $428.5K | 722.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1500 | 57.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 57.5¢ | 27624 | 1 |
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| Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
| 4DX (ASX) Chart |