Any reason why everyone is expecting the worst from this trading halt? I very luckily sold out in the 30s just before the long halt, but not because I didn't think cm8 was not worth it, only coz i thought it was in a trading range.
My experience is they don't go halts for bad news, will usually release them after market. While the price has dipped below 25, it has held up well. If I was still holding, I would have definitely sold out at 26-29 to pay for my rights, I'll take whatever arbitrage I can. But don't understand why the mood has turned to the point that ppl think the deal won't go ahead.
Any reason why everyone is expecting the worst from this trading...
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Last
1.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $15.90M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.3¢ | 1.3¢ | $3.822K | 294K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 4378333 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 2663574 | 8 |
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| Last trade - 14.13pm 12/07/2024 (20 minute delay) ? |
| UNT (ASX) Chart |