Part of a sell down to a CR level, is also some people selling their positions who can replace with their entitlement under a placement or a SPP. Hence some of the flip has already occurred. Then you have others who dont participate, but also preemptively sell at the announcement of a CR discount, who then re accumulate at the CR level on market.
Sorry to rain on your doom and gloom, but shares do recover after a CR is over, as news events and fundamentals move ahead.
Part of a sell down to a CR level, is also some people selling...
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Last
0.3¢ |
Change
-0.001(25.0%) |
Mkt cap ! $2.99M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.3¢ | $1.885K | 476.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 40 | 44284649 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 8435589 | 11 |
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| Last trade - 10.00am 24/06/2024 (20 minute delay) ? |
| AAU (ASX) Chart |