looked to me like they supported it from going below $5 and capped it above $5.30 or so. Says to me they want to raise just below $5 and make the discount seems modest but attractive for the buyers.
I have no doubt this would have run off higher on recent announcements had the brokers not been holding it steady. So I suspect once this is through we have a very nice platform to rerate with the brakes released, an appropriate level of cash in bank and most likely some high grade results to drop shortly. tick. tick. tick.
Can't see it being at a premium unless they drop good news at the same time.
Ann: Trading Halt, page-30
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Last
$21.05 |
Change
0.860(4.26%) |
Mkt cap ! $1.291B | |||
| Open | High | Low | Value | Volume |
| $19.88 | $21.05 | $19.88 | $6.206M | 299.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3020 | $20.79 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.05 | 1496 | 2 |
View Market Depth
| Last trade - 16.10pm 30/05/2024 (20 minute delay) ? |
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Last
$20.87 |
Change
0.860 ( 4.06 %) |
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| Open | High | Low | Volume | ||
| $19.90 | $20.99 | $19.89 | 17999 | ||
| Last updated 15.58pm 30/05/2024 ? | |||||
| WA1 (ASX) Chart |