I'm really surprised by the SP drifting down.
C'mon - we've moved beyond the LOI and have a commercial deal!
So I look at it two ways, if I was a big player:
1. Manipulate the SP higher so that the 10day VWAP is higher, to reduce the number of new shares. Risk is that if you drive it too high, the Japanese company does not take up the offer
2. Japanese company to drive the SP lower to get more shares
We'll see which one will win
I'm really surprised by the SP drifting down. C'mon - we've...
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Last
19.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $34.32M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 19.5¢ | 18.5¢ | $58.84K | 310.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 33236 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 163350 | 1 |
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| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| CYP (ASX) Chart |