50% more shares means the share price should drop by one third if market cap stays the same, but instead it has risen today - suppose driven by interest in participating in the bonus issue, but post bonus issue I would expect it to drop - unless there is a re-rating.
Any other ideas out there ?
Ann: Bonus Issue , page-3
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add JRV (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.2¢ |
Change
0.001(9.09%) |
Mkt cap ! $32.43M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.2¢ | 1.1¢ | $15.88K | 1.340M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 3989215 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 107270 | 2 |
View Market Depth
| Last trade - 16.10pm 07/11/2024 (20 minute delay) ? |
| JRV (ASX) Chart |