If you raised capital to purchase an asset at a firesale price and after the purchase the company is worth far more money than it cost to purchase the asset why would the price drop afterwards? Psychology has got nothing to do with it
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Last
$2.85 |
Change
0.000(0.00%) |
Mkt cap ! $8.579B | |||
| Open | High | Low | Value | Volume |
| $2.91 | $2.95 | $2.84 | $47.90M | 16.60M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 187031 | $2.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.85 | 401638 | 11 |
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| PLS (ASX) Chart |