Not sure how much to make of the closing Sizzle price......people were also pretty quick to dismiss it when it hit $7 recently so who knows.
My view is the vote is a formality and should be no problems.
What EUR will open at upon listing news is another matter. Market certainly hasn't factored in this deal, nor has been kind re news activity and have personally held concerns re volume of trading for a while now. So in short, there may be a few disappointed people who were tipping a 15-30c SP on open and becoming instant millionaires.
Having said that, if there are two sets of news (listing and an attractive finance deal rolled together) then could be a much different story. Part of the reason imo for the hesitant buying is the large amount of cash needed to get this off the ground and market is waiting for further deals. Obviously that is where the listing will play its part re investor interest and promotion over time.
10c or just above on open for mine and will need constant news flow to keep SP momentum going. Has generally tended to drop off pretty quick if there has been a spike of some sort re SP.
Totally hope i'm wrong and opens much higher as i own a shit load of these myself and have for years.
Bigger picture anyway.
So just my gut feel on how things may pan out in the very short term..
- Forums
- ASX - By Stock
- EUR
- Ann: Voluntary Suspension Extension
Ann: Voluntary Suspension Extension, page-106
-
- There are more pages in this discussion • 18 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 EUR (ASX) to my watchlist
(20min delay)
|
|||||
Last
4.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $62.91M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 40000 | 5.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.7¢ | 160853 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 40000 | 0.050 |
7 | 594410 | 0.045 |
6 | 139848 | 0.044 |
2 | 14200 | 0.043 |
2 | 28500 | 0.041 |
Price($) | Vol. | No. |
---|---|---|
0.047 | 160853 | 1 |
0.048 | 72955 | 2 |
0.049 | 200000 | 1 |
0.050 | 308395 | 3 |
0.051 | 88000 | 2 |
Last trade - 09.02am 31/07/2024 (20 minute delay) ? |
Featured News
EUR (ASX) Chart |
Day chart unavailable
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Director
Nick Poll
Executive Director
SPONSORED BY The Market Online