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
7.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $69.41M | |||
| Open | High | Low | Value | Volume |
| 7.9¢ | 7.9¢ | 7.6¢ | $26.62K | 343.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 113467 | 7.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.7¢ | 98248 | 1 |
View Market Depth
| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
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Last
7.7¢ |
Change
0.000 ( 1.28 %) |
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| Open | High | Low | Volume | ||
| 7.9¢ | 7.9¢ | 7.7¢ | 14800 | ||
| Last updated 15.52pm 06/05/2024 ? | |||||
| PER (ASX) Chart |