Ive seen this all play out multiple times, I can give you multiple examples with the most recent being SLX
The market doesn't like backdoor sweetheart deals, the 20% discount will now be always factored in for when the next player wants in at a discount
There is no reward for early investors when someone can just throw some money at management once its derisked
Ive seen this all play out multiple times, I can give you...
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Last
44.0¢ |
Change
-0.010(2.22%) |
Mkt cap ! $180.6M | |||
| Open | High | Low | Value | Volume |
| 45.0¢ | 45.5¢ | 43.5¢ | $140.5K | 315.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2990 | 44.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 45.5¢ | 18994 | 1 |
View Market Depth
| Last trade - 16.10pm 08/08/2024 (20 minute delay) ? |
| 4DX (ASX) Chart |