Phish has his strategy, if it does get to 10c he will make a mint. Most of us don't agree but stranger things have happenned.
If you are arguing valuation, simplistically it should be market cap + cap raising divided by shares on issue. The re is no way a cap raising can be "factored in" to the sp before the conditions of cap raising are known, total amount is only one component. It may trade at a slight premium as people try to get a foot hold, but it can't be factored in.
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Last
$9.23 |
Change
0.000(0.00%) |
Mkt cap ! $1.461B |
Open | High | Low | Value | Volume |
$9.26 | $9.29 | $9.18 | $1.160M | 125.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
20 | 1191 | $9.22 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$9.23 | 5045 | 20 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
18 | 1102 | 9.220 |
17 | 4479 | 9.210 |
11 | 3826 | 9.200 |
10 | 6084 | 9.190 |
6 | 4078 | 9.180 |
Price($) | Vol. | No. |
---|---|---|
9.230 | 5035 | 18 |
9.240 | 2500 | 12 |
9.250 | 2678 | 13 |
9.260 | 7102 | 8 |
9.270 | 1661 | 7 |
Last trade - 14.33pm 26/07/2024 (20 minute delay) ? |
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ELD (ASX) Chart |