Placement was 10.3m shares, todays turnover 1.5m shares. It would have taken Ellerston 7 days to acquire the placement shares at 100% of todays turnover or 21 days at 30% of turnover. Normal volume closer to 150,000 shares thus reality is a long time for a buyer to acquire 10m shares. (Good luck trying). If an Insto wants stock they need to accumulate now and get stock in next capital raising. Share price should remain well supported.
Placement was 10.3m shares, todays turnover 1.5m shares. It...
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 (20min delay)
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Last
16.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $34.22M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 133802 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 29205 | 2 |
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| Last trade - 16.14pm 08/10/2024 (20 minute delay) ? |
| EMH (ASX) Chart |
Day chart unavailable