Correct also.
One does need to respect the fact that an additional 20+% shares will hit the market shortly so it is not reasonable to expect the market cap to expand by 20+% without news.
Funny how the market does this rebalance, it is almost like there is someone appointed to make this happen. Solid news will cause a genuine rerate and take into account all the additional shares.
25 August will be very interesting as I don't expect we will have the PFS or HPA by then, who knows in this Covid 19 world.
Just my thoughts
Regards
Rayda
Ann: Change of Director's Interest Notice x 3, page-6
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Last
1.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $21.39M | |||
| Open | High | Low | Value | Volume |
| 1.4¢ | 1.4¢ | 1.4¢ | $2.386K | 170.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 1037920 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 955707 | 6 |
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| Last trade - 11.54am 09/07/2024 (20 minute delay) ? |
| KRR (ASX) Chart |