IMO CHN will come cheaper over the next few days.
Those who bought 16 mil shares did so to make money, not to support CHN.
If they bought at $6, then they will be happy to sell some at $6.10'ish.
I will be very happy to buy at these levels.
I will be even happier if I do not get to buy because the price does not get down this far.
I think there will be similar price action in WDS when the new shares trade on 2nd June..
Ann: Successful $100m Institutional Placement, page-11
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Last
$1.06 |
Change
0.020(1.92%) |
Mkt cap ! $410.4M | |||
| Open | High | Low | Value | Volume |
| $1.02 | $1.06 | $1.02 | $585.0K | 564.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 842 | $1.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.07 | 16987 | 10 |
View Market Depth
| Last trade - 10.52am 06/08/2024 (20 minute delay) ? |
| CHN (ASX) Chart |