I think there will be significant resistance at $4.10, as that is what IPO subscribers got it for. Probably many are regretting their take-up. Maybe resistance at $4.00 on the basis that they may see the 10 cent div as a partial clawback of losses, and a nice round number of course. I don't think reading the mind of the market needs to be overly complicated in this instance.
Maybe we'll find out if it retests $4 in the near future. Good luck to all. I'd personally have been out at $3.99 if I was long.
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Last
61.5¢ |
Change
-0.020(3.15%) |
Mkt cap ! $1.062B | |||
| Open | High | Low | Value | Volume |
| 64.0¢ | 64.0¢ | 61.0¢ | $4.251M | 6.859M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 33 | 493668 | 61.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 62.0¢ | 81300 | 1 |
View Market Depth
| Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
| MYR (ASX) Chart |