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29.5¢ tg metals limited

Exactly. Thanks.GLTAH.

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toddsen

876 Posts.

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28/11/23

14:11

Post #: 71146745
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Originally posted by watchthisrise: ↑

I would say (as a rough estimate), that at least 95% of stocks that conduct capital raising DO go back to their CR price.
At least for a short time. A lot of the time I've found it goes below the CR price due to dilution and will stay there for a month or more.
When the sp drops below the CR price, this is the market's way of saying: There are more shares on issue now, so each share is essentially worth less.

If there is a major discovery, sure in some rare cases it doesn't drop back to the CR price, but these cases are rare IMO.

DYOR

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Exactly. Thanks.

GLTAH.

TG6 Price at posting: 84.0¢ Sentiment: Hold Disclosure: Not Held
2 Upvote

0 Great analysis

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(20min delay)
Last 29.5¢		Change 0.000(0.00%)		Mkt cap ! $16.22M

Open	High	Low	Value	Volume
31.0¢	31.0¢	29.0¢	$81.10K	267.2K

Buyers (Bids)

No.	Vol.	Price($)
1	76337	29.0¢

Sellers (Offers)

Price($)	Vol.	No.
29.5¢	3395	1

View Market Depth

No.	Vol.	Price($)
1	76337	0.290
4	155146	0.280
2	52100	0.270
1	10000	0.265
2	5000	0.260

Price($)	Vol.	No.
0.295	3395	1
0.300	51536	4
0.305	11121	3
0.310	28334	3
0.315	30000	1

Last trade - 14.27pm 07/05/2024 (20 minute delay)


Last 29.0¢			Change 0.000 ( 3.33 %)
Open	High		Low	Volume
31.0¢	31.0¢		29.0¢	74287
Last updated 14.22pm 07/05/2024 ?

TG6 (ASX) Chart

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