well thats the bet then isnt it.?
thats the nature of speculation.
if those items get de-risked the asking price for sellers ought to rise, along with buyers appetite.
So a time for the underwriter to take a large position.
If they had to buy on market, would cost them a whole lot more, and without the CR sell down, paying 9c plus as the case was before the issue.
Ann: Lodgement of Prospectus, page-57
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Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $14.11M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 0.9¢ | 0.9¢ | $1.129K | 125.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 2641773 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 413500 | 3 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| TON (ASX) Chart |