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
Add DEV (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
30.5¢ |
Change
0.020(7.02%) |
Mkt cap ! $134.5M | |||
| Open | High | Low | Value | Volume |
| 30.0¢ | 30.5¢ | 30.0¢ | $118.6K | 393.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20000 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.5¢ | 72409 | 2 |
View Market Depth
| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| DEV (ASX) Chart |