Instos aren't going to touch this unless it's at 20c
They will do it to retail after a pump announcement.
I'm calling it now
- Nothing announcement packaged as market sensitive with buzz words
- Mini price rise
- Trading halt
- CR at steep discount to VWAP (I'm calling between 35c and 40c)
Share price will drift to the CR price
My guess all shareholders will be able to subscribe up to $25k or more (and it will be basically all you can eat)
So I plan to top up at between 35c and 40c, funded by my sells at 70
It's how the instos do it
What are the next Steps - Court decision, page-131
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Last
40.5¢ |
Change
0.005(1.25%) |
Mkt cap ! $173.6M | |||
| Open | High | Low | Value | Volume |
| 42.0¢ | 43.3¢ | 40.0¢ | $113.4K | 274.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 26469 | 40.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 41.5¢ | 10000 | 1 |
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| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| TLG (ASX) Chart |