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
30.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $132.3M | |||
| Open | High | Low | Value | Volume |
| 30.0¢ | 30.0¢ | 29.0¢ | $132.0K | 449.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 150000 | 29.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.0¢ | 78262 | 4 |
View Market Depth
| Last trade - 15.45pm 03/05/2024 (20 minute delay) ? |
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Last
29.5¢ |
Change
0.000 ( 1.67 %) |
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| Open | High | Low | Volume | ||
| 29.5¢ | 30.0¢ | 29.0¢ | 88132 | ||
| Last updated 15.10pm 03/05/2024 ? | |||||
| DEV (ASX) Chart |