To be fair though, that $50m raised at 50 cents was done when the sp was sitting at 70 cents. Dont you think the majority of the cr holders would have dumped between 50 and 70 cents for instant profit? After all the volume was massive when the trading halt was lifted.
So i dont think its fair to use the cr price as fair value.
Just trying to give a balanced view.
Happy Easter guys
$1 Club, page-19711
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Last
1.6¢ |
Change
-0.001(5.88%) |
Mkt cap ! $18.17M | |||
| Open | High | Low | Value | Volume |
| 1.8¢ | 1.9¢ | 1.6¢ | $52.04K | 3.011M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 819705 | 1.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.7¢ | 1160804 | 4 |
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| Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
| OVT (ASX) Chart |