It will!
Plus plenty of people buying yesterday will be holding as well.
As others have said a large portion of the new shares in escrow and may not be sold once they come out either.
Re-rate is on the cards in my opinion!
Ann: Trading Halt, page-59
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Last
10.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $18.21M | |||
| Open | High | Low | Value | Volume |
| 9.8¢ | 10.0¢ | 9.6¢ | $17.87K | 179.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 27600 | 9.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.0¢ | 70122 | 1 |
View Market Depth
| Last trade - 13.34pm 08/07/2024 (20 minute delay) ? |
| FTL (ASX) Chart |