AGE 1.61% 6.1¢ alligator energy limited

Although I’m absolutely gutted buying 800 000 shares the day...

  1. 607 Posts.
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    Although I’m absolutely gutted buying 800 000 shares the day before the trading halt and the obscene discount and the amount raised is very very questionable, also watching the 10-20% rally in VMY BOE LOT that have all been rebalanced, hence look at the closing bids as they all gapped up due to etf rebalancing, I’m thinking the URA ETF will need to buy 30-40 million share, I ain’t done the math, thou AGE would have known this. ETF rebalancing is a major significance, esp when comes to rebalancing. If we didn’t get this pooooorlty timed, horrifically diluted undervalued capitol raising, I’d be thinking we would open at .048 Monday. Instead we will probably open at .031. The upside there will be indiscriminant buying from the URA ETF and usually on close. I think the ETF have about 2 weeks for there full. Watch for some 5 plus million wipes. I need to do a few calculations of how many AGE shares the ETF have to buy. Just so so I’ll times, and the rally over the past 2 days is common practise for such a rebalance.

    I will be a Monday buyer to lower my purchase. Uranium will blow your minds over the next 3 years, and anticipate a 200 mill to 500 mill market cap here in 6 months to 2 years.
 
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Last
6.1¢
Change
-0.001(1.61%)
Mkt cap ! $235.6M
Open High Low Value Volume
6.1¢ 6.2¢ 6.0¢ $471.0K 7.708M

Buyers (Bids)

No. Vol. Price($)
3 781966 6.1¢
 

Sellers (Offers)

Price($) Vol. No.
6.2¢ 380577 6
View Market Depth
Last trade - 16.10pm 06/05/2024 (20 minute delay) ?
Last
6.1¢
  Change
-0.001 ( 2.09 %)
Open High Low Volume
6.2¢ 6.2¢ 6.0¢ 3234920
Last updated 15.59pm 06/05/2024 ?
AGE (ASX) Chart
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