Just through Twitter sources, the price discovery will last until they balance the buyers and sellers for the initial price point. Given it was a 'small' raise of $24m, there must be strong underlying demand.
Ann: Nova Majority owned Snow Lake Resources Prices IPO, page-68
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Last
20.5¢ |
Change
-0.013(5.75%) |
Mkt cap ! $44.08M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 21.5¢ | 20.0¢ | $19.82K | 93.93K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50000 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 60000 | 1 |
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| Last trade - 10.35am 19/07/2024 (20 minute delay) ? |
| NVA (ASX) Chart |