just to clarify, not saying it will drop to 2.2c as nobody likes to take a loss and taking such a loss on the principal also makes the oppies less valuable.
What it does mean is there will be some churn required between 3.6c and ~4.5c as people sell and keep oppies.
1:2 oppies would already mean buying on market and SPP is nearly on par and far less cap. Big difference. Companies should never do 1:1 oppies.
Of course i reckon 20nm and buyers will just slice through the sellers
just to clarify, not saying it will drop to 2.2c as nobody likes...
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Last
2.4¢ |
Change
-0.001(4.00%) |
Mkt cap ! $49.46M | |||
| Open | High | Low | Value | Volume |
| 2.5¢ | 2.6¢ | 2.4¢ | $108.5K | 4.350M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 2118220 | 2.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.5¢ | 917347 | 1 |
View Market Depth
| Last trade - 16.10pm 26/06/2025 (20 minute delay) ? |
| 4DS (ASX) Chart |