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
21.5¢ |
Change
0.045(26.5%) |
Mkt cap ! $81.07M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 24.5¢ | 18.0¢ | $7.951M | 37.15M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 113000 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 417810 | 11 |
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