With a SPP announced and priced at a ~10% (was ~20%) discount to current market price, I'd expect additional weakness from holders arbitraging their ability to participate (sell now, but buy later).
The SPP is priced at $0.28/sh, so won't be surprised if the shares drop further to those levels. There'll be a month or so of this sideways movement until the SPP wraps up in April/May.
Great for a medium term hold though with the exciting growth opportunities for De.mem in mining!
With a SPP announced and priced at a ~10% (was ~20%) discount to...
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Last
14.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $40.50M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 14.0¢ | 13.5¢ | $16.35K | 118.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7000 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 280860 | 4 |
View Market Depth
| Last trade - 11.28am 30/07/2024 (20 minute delay) ? |
| DEM (ASX) Chart |