Unfortunately, that may be a prophetic comment.
I suspect that there would be a few punters now having a real expectation for the CR that must come shortly and would be betting that any results will not change the current situation much more than the prelim results did - and the market took those results in its stride with little excitement.
Any CR will be discounted and forces out there would rather see an SP starting with a 4 cent range.
There does not seem to be any FOMO effect in place at the moment - a bit strange given that the final results are pending which would normally bring FOMO into the equation. The market is not convinced at the moment - some keen punters here seem to be ignoring the signs.
Unfortunately, that may be a prophetic comment.I suspect that...
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Last
5.0¢ |
Change
0.005(11.1%) |
Mkt cap ! $45.11M | |||
| Open | High | Low | Value | Volume |
| 4.6¢ | 5.2¢ | 4.6¢ | $42.25K | 871.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20000 | 4.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.2¢ | 155000 | 2 |
View Market Depth
| Last trade - 15.51pm 14/06/2024 (20 minute delay) ? |
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Last
5.0¢ |
Change
0.005 ( 8.70 %) |
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| Open | High | Low | Volume | ||
| 4.6¢ | 5.1¢ | 4.6¢ | 221683 | ||
| Last updated 15.49pm 14/06/2024 ? | |||||
| BIT (ASX) Chart |