Wonder if there's an escape clause in the SPP that enables SIs to bail if the sp is a certain % below 3.2cents?
Noticed short positions jumped again on the same day as the Cap Raise was announced on 26/7. Someone expected the sp to fall.
If ADO have something valuable to sell, and by all accounts they do, now would be a perfect time for a takeover offer with the sp at a yearly low and a cap raise that might struggle to gain universal support.
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Wonder if there's an escape clause in the SPP that enables SIs...
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Last
2.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $51.83M |
Open | High | Low | Value | Volume |
2.1¢ | 2.2¢ | 2.1¢ | $6.861K | 324.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 144000 | 2.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.2¢ | 458309 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 144000 | 0.021 |
18 | 1987551 | 0.020 |
8 | 2890767 | 0.019 |
8 | 622665 | 0.018 |
4 | 384160 | 0.017 |
Price($) | Vol. | No. |
---|---|---|
0.022 | 458309 | 5 |
0.023 | 422310 | 4 |
0.024 | 330737 | 3 |
0.025 | 214144 | 4 |
0.027 | 573112 | 1 |
Last trade - 12.21pm 22/07/2024 (20 minute delay) ? |
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ADO (ASX) Chart |