I think any shorters (if existing) from yesterday will get out quick smart; SPP will only issue 13 mill shares ($50 mill total at 3.85); the institutional shares have been on market since 28 July; they had fair chance to make their profit by selling at 4.20; so they will not dump any more
the wee retailer (13 mill shares) is less than 2 days volume, so they cannot fill a shorter cover
so, I am guessing any SPP guys will hold (I know I will, even if I get all $30k); and I guess there will be heavy market buying between $4 and $4.10 to get set at this bargain price (incl dividend) this week; and next week (post divie) will be all about finding a price based on POG and EVN fundamentals;
now when you consider EVN was over $5 a few months ago at a POG below where we are now - it does lead one to think based on POG and fundamentals, this should trend up strongly (note: I can be wrong... there is a first time for everything)
when do we officially know our allocation?
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Last
$4.88 |
Change
0.100(2.09%) |
Mkt cap ! $9.707B |
Open | High | Low | Value | Volume |
$4.99 | $5.01 | $4.84 | $39.38M | 8.016M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 17864 | $4.87 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.89 | 162298 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | 4.850 |
1 | 10000 | 4.840 |
1 | 2074 | 4.820 |
1 | 1000 | 4.810 |
6 | 29990 | 4.800 |
Price($) | Vol. | No. |
---|---|---|
4.900 | 10494 | 3 |
4.940 | 500 | 1 |
4.950 | 5918 | 1 |
4.960 | 1466 | 2 |
4.990 | 15641 | 2 |
Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
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