Yeah I have my doubts that anyone is going to get what they ask for in the SPP. There’s simply too much buzz around for this stock.
If they had hypothetically announced the SPP last month, before the quarterly call or the NATO news, then different story.
I’m probably gonna apply for the 30k, knowing I won’t even get half of that. Which is why I loaded up on more shares early this afternoon.
I think the reason we are seeing strong support in the 90c is people aren’t willing to let go of their shares lower than 90c and they know there’s more growth to come.
Anyway, this is all Just an opinion. The SP could drop sub 90c or go past $1 by end of the week.
What I have seen overtime though is that FOMO is an incredible driver of share price growth., and there’s plenty of it going around here.
Yeah I have my doubts that anyone is going to get what they ask...
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Last
$1.30 |
Change
-0.055(4.07%) |
Mkt cap ! $937.7M | |||
| Open | High | Low | Value | Volume |
| $1.37 | $1.43 | $1.26 | $28.36M | 21.14M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 39568 | $1.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.30 | 41597 | 3 |
View Market Depth
| Last trade - 16.10pm 06/06/2024 (20 minute delay) ? |
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Last
$1.30 |
Change
-0.055 ( 3.59 %) |
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| Open | High | Low | Volume | ||
| $1.37 | $1.43 | $1.26 | 4966243 | ||
| Last updated 15.59pm 06/06/2024 ? | |||||
| DRO (ASX) Chart |