When there are so many, and some are not in this for the long haul, the extended capture of capital, they will want their funds back. As well the new placement, can put supply pressure on the heads as well.
Some will hold, like good investors.
Others will simply dump either the head or the option and free carry one or the other.
Others will just be part of the transaction as getting fees for service.
Now also that the immediate carrot of the arbitration has also been delayed into 2024, may also soften appetite.
It all plays into a scenario of a potential dip, before better times. = potential accumulate the pointy end.
As a hedge, i hold heads, and if the clouds above remain in view, the opportunity of a deluge ahead.
When there are so many, and some are not in this for the long...
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Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.979M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.6¢ | 0.6¢ | $3.931K | 655.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 30 | 14755602 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 3359444 | 6 |
View Market Depth
| Last trade - 12.26pm 07/06/2024 (20 minute delay) ? |
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Last
0.6¢ |
Change
0.000 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 0.6¢ | 0.6¢ | 0.6¢ | 13502 | ||
| Last updated 12.26pm 07/06/2024 ? | |||||
| AAU (ASX) Chart |