That's the million dollar question....
A well timed announcement could counter any potential selling....
There will be a temptation to take a quick profit presently 18k for every 100k taken up...
Best short term example would be PUR with a CR at 0.069 it was announced when the price was around 0.088c it initially fell to around 0.078c then marched up to 0.092c before succumbing and continuing to fall until 0.052c......
A close above 0.48c would create support at that price...
It is having trouble around that price now.....
Ann: Trading Halt, page-97
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Last
38.0¢ |
Change
-0.005(1.30%) |
Mkt cap ! $169.8M | |||
| Open | High | Low | Value | Volume |
| 38.0¢ | 38.5¢ | 37.0¢ | $272.1K | 714.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3411 | 38.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.5¢ | 4610 | 5 |
View Market Depth
| Last trade - 15.04pm 22/05/2024 (20 minute delay) ? |
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Last
38.0¢ |
Change
-0.005 ( 1.55 %) |
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| Open | High | Low | Volume | ||
| 38.3¢ | 38.5¢ | 37.0¢ | 178801 | ||
| Last updated 14.30pm 22/05/2024 ? | |||||
| DEV (ASX) Chart |