This action from a purely logical process just should not be allowed by ASX/ASIC.
It seriously derails a quite common entitlement process. The stock was solidly bid yesterday cum entitlement at $0.30.
This stock, from my calculations literally untradeable now ex-entlement until the restructure has occurred, because stock traded in this period will be massively adjusted. I believe the ASX is clueless on the mathematical mechanics of this, let alone retail investors.
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Last
4.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.853M |
Open | High | Low | Value | Volume |
4.0¢ | 4.3¢ | 4.0¢ | $11.97K | 287.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4999 | 4.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.3¢ | 71306 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4999 | 0.042 |
1 | 2392634 | 0.041 |
4 | 125154 | 0.040 |
3 | 70641 | 0.039 |
2 | 578945 | 0.038 |
Price($) | Vol. | No. |
---|---|---|
0.043 | 71306 | 1 |
0.044 | 176953 | 2 |
0.045 | 18787 | 1 |
0.046 | 69887 | 2 |
0.047 | 271300 | 4 |
Last trade - 16.10pm 28/08/2024 (20 minute delay) ? |
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