Wouldn't be surprised to see the cr at 15c per share, given the massive distribution on yesterdays news.
Imo if we could see who transacted yesterday would also not be surprised to see some of those involved in obtaining placement shares for another rinse and repeat.
In the short term it certainly slows sp growth down. Also indicative of current revenue still in growth phase. Smart to conduct the cr now before the release of the Oct-Dec quarterly. Once the quarterly is released the market will be able to see the correlation between the current market cap and revenue for the period and adjust the share price accordingly.
Overall good for the long term.
Wouldn't be surprised to see the cr at 15c per share, given the...
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Last
4.2¢ |
Change
0.001(2.44%) |
Mkt cap ! $57.60M | |||
| Open | High | Low | Value | Volume |
| 4.0¢ | 4.2¢ | 4.0¢ | $19.34K | 483.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 32017 | 3.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.2¢ | 77789 | 5 |
View Market Depth
| Last trade - 16.10pm 26/04/2024 (20 minute delay) ? |
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Last
4.0¢ |
Change
0.001 ( 2.56 %) |
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| Open | High | Low | Volume | ||
| 3.9¢ | 4.0¢ | 3.9¢ | 29063 | ||
| Last updated 14.52pm 26/04/2024 ? | |||||
| WZR (ASX) Chart |