Just something to clarify regarding the comment that the "market has spoken". Based on volumes today, approximately 8.4M shares changed hands with sellers to buyers. Out of a total SOI of 575M roughly, I don't think that is much of a statement. The vast majority of shareholders are currently prepared to stick with the company at this price with the view that better news will come. So a small minority of shareholders judged the announcement as negative enough to sell and a matching group of buyers thought no big deal. Really not bothered.
Just something to clarify regarding the comment that the "market...
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Last
13.0¢ |
Change
0.015(13.0%) |
Mkt cap ! $117.2M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 13.5¢ | 12.0¢ | $612.7K | 4.843M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 56662 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 600000 | 2 |
View Market Depth
| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| PER (ASX) Chart |