Yes and to be honest, this is what I've done already with mine at a price slightly lower than the current price. My reason is I saw these extra shares as a bonus and EML is already one of my top heavily invested stocks. Two reasons why I think there still could be a sell off off after these shares become available for trading. 1. The stock is still going up, why sell now if you can make more profits by holding for another week. 2. The psychology factor of not selling when you don't currently have the shares in your account, or if you want to sell out completely then you need all your shares to do so. This is all IMO as I did exactly what you suggested and of course I am hoping there is not much selling once all these new shares become active. But even if they did, it's been an incredible rise since the trading halt. I was half expecting it to fall back to 3.55.
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Last
64.0¢ |
Change
-0.030(4.48%) |
Mkt cap ! $242.1M |
Open | High | Low | Value | Volume |
66.0¢ | 67.0¢ | 63.5¢ | $725.3K | 1.124M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 35748 | 63.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
64.5¢ | 35451 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 35748 | 0.635 |
6 | 68730 | 0.630 |
3 | 12401 | 0.625 |
5 | 32614 | 0.620 |
1 | 2500 | 0.615 |
Price($) | Vol. | No. |
---|---|---|
0.645 | 35451 | 3 |
0.650 | 1000 | 1 |
0.660 | 5000 | 1 |
0.665 | 20000 | 1 |
0.670 | 32988 | 4 |
Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
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EML (ASX) Chart |