What is the big deal of it and why is it price sensitive?
Is it normal for a listed company of market cap ~$68m to make a price sensitive announcement of getting a sale of 1 unit of only ~$400K?
Then suddenly the people chased it up at the beginning of the market up almost 10%, ie, $6,800,000 increase of market cap, for selling a product, at just ~$400K. Doesn't make sense.
If this is the case, I believe many listed companies will be very busy as they need to file a price sensitive news every few days for selling a product to a new client.
What is the big deal of it and why is it price sensitive?Is it...
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Last
18.0¢ |
Change
-0.005(2.70%) |
Mkt cap ! $68.23M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 19.5¢ | 18.0¢ | $437.5K | 2.361M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 120554 | 18.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.5¢ | 18115 | 2 |
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| Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
| AL3 (ASX) Chart |