Yeah, I never really got the "this is a pump and dump stock" story. Management never pumped and dumped really. They just get bonus shares and dump at the first available opportunity.
History of SPPs, I tend to think that if they're performing well, they go to +/-5% of the CR Price. So at 80, I'd expect the low to be somewhere 76-84. We have a few weeks before 18.75m new shares are released though, and the corresponding dump then. I probably wouldnt be hanging out for 70 - if it fell that far, it'd be a warning sign. But if you bought at 78-82 youd call it a win.
Yeah, I never really got the "this is a pump and dump stock"...
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Last
83.0¢ |
Change
0.020(2.47%) |
Mkt cap ! $584.6M | |||
| Open | High | Low | Value | Volume |
| 82.0¢ | 83.5¢ | 80.5¢ | $5.333M | 6.520M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 20352 | 83.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 83.5¢ | 206000 | 3 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
83.0¢ |
Change
0.020 ( 2.48 %) |
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| Open | High | Low | Volume | ||
| 81.5¢ | 83.3¢ | 80.8¢ | 1879991 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| DRO (ASX) Chart |