E25 0.00% 20.5¢ element 25 limited

16,136,364 shares issued at $2.20 a share. Blackwood Capital...

  1. 1,275 Posts.
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    16,136,364 shares issued at $2.20 a share. Blackwood Capital were the lead broker for this share placement. The aforementioned issued shares commence trading on the 29th. March.

    It is presumed that Blackwood Capital farmed shares out to sophisticated investors on their books. Undoubtedly some S.I. may choose to take a stag profit if E25 is trading at a premium to the $2.20 issue price next week.

    The BOTS certainly have been working overtime to suppress the S.P. on Friday. Very disappointing to see. 20 x 167 share volume trades alone. B.S.

    Next week will be the catalyst to see if this pull back gains momentum with $2.20 the target for the BOTS or the bulls grab the S.P. by the horns and take the BOTS on. Retail buyers may get the opportunity to step up to the plate and swing the baseball bat at the BOTS, picking up some juice shares in the process.

    E25 has proved to be a volatile share over time so expect the unexpected. DYOR

 
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Last
20.5¢
Change
0.000(0.00%)
Mkt cap ! $45.08M
Open High Low Value Volume
21.0¢ 21.0¢ 20.5¢ $3.847K 18.65K

Buyers (Bids)

No. Vol. Price($)
5 47676 20.5¢
 

Sellers (Offers)

Price($) Vol. No.
22.0¢ 152276 3
View Market Depth
Last trade - 14.18pm 05/07/2024 (20 minute delay) ?
E25 (ASX) Chart
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