I have sold out today. Love the company, but there is massive dilution coming when this deal completes in a couple of weeks, so the market cap of this stock will suddenly jump to over $300m, which means it will be overvalued for sure. At the same time a large number of shares will become free trading which people got at 3p. It is pretty obvious that a lot of these will get sold to lock in an eight bagger, particularly given the high valuation. I will hope to buy back in after that.
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Last
30.0¢ |
Change
0.025(9.09%) |
Mkt cap ! $361.9M |
Open | High | Low | Value | Volume |
27.0¢ | 30.5¢ | 26.0¢ | $1.153M | 4.052M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 55000 | 29.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
30.0¢ | 207207 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 5015 | 0.300 |
3 | 22377 | 0.295 |
4 | 88400 | 0.290 |
5 | 83000 | 0.285 |
5 | 20355 | 0.280 |
Price($) | Vol. | No. |
---|---|---|
0.285 | 6701 | 2 |
0.295 | 81 | 1 |
0.305 | 117842 | 4 |
0.310 | 17300 | 2 |
0.315 | 27985 | 2 |
Last trade - 16.10pm 21/08/2024 (20 minute delay) ? |
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WC8 (ASX) Chart |