I think you both have a point. There is a big difference between MJP and A3D and even DEM.
MJP was a $27m raise versus $2.8m raise for A3D. I would posit that a 9x rise in MJP from the IPO price considering the size of the free float was pretty spectacular. It should be a lot easier for A3D and DEM to place much smaller amounts in stickier hands.
Who knows if MJP will rise again or if A3D and DEM will fall further. Only the market and news will determine that.
I think you both have a point. There is a big difference between...
Add DEM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
12.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $36.16M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 19230 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 69750 | 2 |
View Market Depth
| Last trade - 16.12pm 16/08/2024 (20 minute delay) ? |
| DEM (ASX) Chart |
Day chart unavailable