You're right, that's the risk people take.
If we hear no positive news in the next month then it's a reasonable bet to expect the SP to drop below $1.10 on market, during or after the SPP. The traders might do well from trying to predict it, and the LT holders will probably sit tight and wait it out. I'm happy to wait it out but I completely understand the selling.Correction for the last dot point, it was supposed to say "people who sold any number of shares"
Correction for the last dot point, it was supposed to say...
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Last
41.0¢ |
Change
-0.020(4.65%) |
Mkt cap ! $166.0M | |||
| Open | High | Low | Value | Volume |
| 43.0¢ | 43.5¢ | 40.0¢ | $398.0K | 950.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 17921 | 41.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.0¢ | 13936 | 1 |
View Market Depth
| Last trade - 16.10pm 08/08/2024 (20 minute delay) ? |
| TLG (ASX) Chart |