If the board of directors' aim was to increase liquidity they failed.
If they wanted to improve visibility, they did so for the wrong reason.
I think they should have done a roadshow to tell the world about PRR.
The appointed marker is setting the spread to big. What an elephant quote. It only does one thing, scare out potential investors. Who knows the correct entry price in Nasdaq if they market maker has such a wide spread of 11.50/16.00.
I hope the board will look into it and have a more realistic spread so that genuine investors will not be taken aback and start investing.
Good drug in the making but poor investors relation and poor awareness campaign.
nasdaq listing exercise
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Last
42.0¢ |
Change
0.025(6.33%) |
Mkt cap ! $598.3M | |||
| Open | High | Low | Value | Volume |
| 39.5¢ | 42.0¢ | 39.5¢ | $890.1K | 2.163M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 127863 | 41.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.5¢ | 30850 | 2 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| IMM (ASX) Chart |