All interesting opinions however in most cases, but not all, SI "sophisticated investors" sell when the shares are issued, if there is a profit. My "guess" is that the SP trickles down to around 33c as they sell, then over the next few days it tests new highs. As stated, IMO...
Ann: Trading Halt, page-127
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Last
38.3¢ |
Change
0.003(0.66%) |
Mkt cap ! $64.47M | |||
| Open | High | Low | Value | Volume |
| 38.0¢ | 38.3¢ | 37.5¢ | $29.63K | 78.11K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 45298 | 38.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.5¢ | 7083 | 2 |
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| Last trade - 10.56am 14/10/2024 (20 minute delay) ? |
| CNB (ASX) Chart |