I added a bit to my holding - removing some supply from market.
If Somers will be adding more in 6 months time, if not making an offer, then my buy will tighten things up slightly.
And a bit of averaging down at $0.07, along with them. $0.07 seems good value vs the raising price of $0.08, and with AutoPay's funding having improved? I have not seen signs of stress.
Announcement likely due early May, judging by last year:
1 problem: if that seller wanted to sell more, then Somers is unable to take up their supply (unless making a takeover offer along with it).
I added a bit to my holding - removing some supply from...
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Last
6.9¢ |
Change
0.002(2.99%) |
Mkt cap ! $55.20M | |||
| Open | High | Low | Value | Volume |
| 6.8¢ | 7.0¢ | 6.5¢ | $16.43K | 242.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 31728 | 6.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.0¢ | 156061 | 2 |
View Market Depth
| Last trade - 16.10pm 07/05/2024 (20 minute delay) ? |
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Last
7.0¢ |
Change
0.002 ( 4.48 %) |
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| Open | High | Low | Volume | ||
| 6.6¢ | 7.0¢ | 6.5¢ | 109402 | ||
| Last updated 15.41pm 07/05/2024 ? | |||||
| MME (ASX) Chart |