Thanks gottalove. I'm a young (32) and relatively new investor so really appreciate learning. My theory is that if 14,000,000 (give or take) shares were applied for and only 6,666,666 are issued, it should create demand on market.
The past few months SP rise indicates to me that holders are pretty sticky and given this was open to holders only we should see increased demand and less supply causing the SP to rise? Not that short term rise matter too much to me, this is defo a long term hold.
Thanks gottalove. I'm a young (32) and relatively new investor...
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Last
56.5¢ |
Change
-0.005(0.88%) |
Mkt cap ! $97.14M | |||
| Open | High | Low | Value | Volume |
| 57.0¢ | 57.5¢ | 55.0¢ | $235.3K | 416.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 999 | 56.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 57.5¢ | 9571 | 1 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| CNB (ASX) Chart |