IMO there will be some who just want out on open but I think their shares will be snapped up and the sp could end up in the range of 30-50% up on first day back trading. After 1 year of suspension it will be seen as a huge + that ASX allow them to trade again.
It could still be a few weeks away from trading yet. When the previous years annual report was released, it took a few weeks for ASX to respond and suspend them. Don’t expect to be trading next week.
Ann: Annual Report to shareholders, page-3
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Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $19.09M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 0.9¢ | 0.8¢ | $19.25K | 2.140M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 1398006 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 913200 | 1 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
0.8¢ |
Change
0.000 ( 11.1 %) |
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| Open | High | Low | Volume | ||
| 0.9¢ | 0.9¢ | 0.8¢ | 2136963 | ||
| Last updated 15.39pm 14/06/2024 ? | |||||
| PIL (ASX) Chart |