I agree with @hotuna. I would also add that new investors must be wary of pumps and pumpers here, especially ones that a quick bit of DD can reveal are linked to institutions and inv banks and advisers. They pop up ahead of announcements like loyal puppies, supported by other thin/little-used HC accounts, to whip up a frenzy, state their alleged position sizes, make cosy references to management, and then fall silent after they have completed their master’s task. Add to this Investability: no serious or soph investors follow tweets from what is essentially a PR hype agency.
And especially remember that the underwriter has an 80% shortfall from the recent 5c entitlement to get rid of. Every pip over about 4.7c (factoring in the free attaching options) is profit. Invest/trade with your eyes wide open here, and attuned to the very obvious patterns, watch their cash position & Quarterlies like a hawk, apply business logic to geologists musings, and imo you’ll do alright if you are just entering and not stuck with earlier IPO/cap raise entries.
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I agree with @hotuna. I would also add that new investors must...
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Last
12.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $64.70M |
Open | High | Low | Value | Volume |
12.5¢ | 12.5¢ | 12.0¢ | $63.34K | 509.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 375090 | 12.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.5¢ | 179249 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 375090 | 0.120 |
8 | 660356 | 0.115 |
10 | 833954 | 0.110 |
5 | 528648 | 0.105 |
8 | 827200 | 0.100 |
Price($) | Vol. | No. |
---|---|---|
0.125 | 179249 | 3 |
0.130 | 471128 | 7 |
0.135 | 934509 | 6 |
0.140 | 589572 | 4 |
0.145 | 70849 | 1 |
Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
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AW1 (ASX) Chart |