The SOI is not a concern in itself. It just depends on how tightly those issued shares are held. All else being equal, a company with 5 billion SOI where majority of the shares are tightly held will trade better than a company with 500 million SOI in the hands of uncommitted holders.
However a high number of SOI normally implies that a company has gone through several dilutive cap raises and this becomes an issue when those additional shares end up in loose hands. I believe this is the issue which BRK has been facing at the moment. The institutions who participated in capital raisings are happy to flip their shares and free options for a few pips and hence the constant sell pressure.
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Last
1.1¢ |
Change
0.001(5.00%) |
Mkt cap ! $50.11M |
Open | High | Low | Value | Volume |
1.0¢ | 1.1¢ | 1.0¢ | $50.37K | 4.817M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
19 | 10799299 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 34806610 | 23 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
19 | 10799299 | 0.010 |
37 | 27625348 | 0.009 |
16 | 3979210 | 0.008 |
6 | 3507000 | 0.007 |
5 | 6585000 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 34806610 | 23 |
0.012 | 14791476 | 26 |
0.013 | 22372569 | 21 |
0.014 | 11005309 | 14 |
0.015 | 5549920 | 11 |
Last trade - 12.10pm 26/08/2024 (20 minute delay) ? |
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BRK (ASX) Chart |