The other reason for the spike could be short covering in anticipation of the announcement. But I would imagine they got all they wanted from the cap raising opportunity.
So someone bought $1m worth today, and the price went up 10%
Or maybe somewhere a broker or fund manager decided to take a punt?
The other reason for the spike could be short covering in...
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 (20min delay)
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Last
78.0¢ |
Change
-0.010(1.27%) |
Mkt cap ! $960.2M | |||
| Open | High | Low | Value | Volume |
| 79.0¢ | 79.5¢ | 74.5¢ | $2.420M | 3.109M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | 77.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 78.0¢ | 77447 | 1 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| OPT (ASX) Chart |