Good to see you on DOC. Nice entry. Much better than mine!
My point about the SPP is I would expect to see further downward pressure on the share price in the lead up to the calculation date.
Bigger players who got in on the Placement will now try to get the price down to lower the 5 Day VWAP so they can average down on their $0.40 purchase. They know retail will buy on market for a penny discount and they will try to take advantage of as many of the 10m shares in a shortfall placement as possible.
Long story short, exaggerated weakness for the next 2 weeks.
Good to see you on DOC. Nice entry. Much better than mine!My...
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Last
26.5¢ |
Change
0.005(1.92%) |
Mkt cap ! $110.6M | |||
| Open | High | Low | Value | Volume |
| 26.0¢ | 26.5¢ | 26.0¢ | $25.03K | 96.30K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 21217 | 26.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.5¢ | 88870 | 2 |
View Market Depth
| Last trade - 15.39pm 27/06/2024 (20 minute delay) ? |
| CCR (ASX) Chart |