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 ?
50% more shares means the share price should drop by one third...
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Last
1.2¢ |
Change
0.001(9.09%) |
Mkt cap ! $32.43M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.2¢ | 1.0¢ | $30.39K | 2.714M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 243471 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 4350647 | 14 |
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| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| JRV (ASX) Chart |