I maintain the market doesn't take 2 hours after an...

  1. 3,063 Posts.
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    I maintain the market doesn't take 2 hours after an announcement to decide if it was good or worth dumping 33%.

    something else happened. and logic would dictate that a call got put out for a cap raise.

    it's theoretically possible I guess - that people with millions invested went for a coffee before looking at the results? but I've never seen that before. lack lustre results have yielded drops on open every time I've seen them:

    even meeting their low end commercial targets is still a company worth more than $100m.

    I suspect you got a bit lucky on your sell. and good on you. I don't begrudge you for it. but had the cap raise call not gone out, I suspect you'd be singing a different tune.

    but that's how the chips fall. in any case - onwards and upwards.
    Last edited by Pooslice: 05/03/25
 
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Last
38.0¢
Change
-0.010(2.56%)
Mkt cap ! $131.7M
Open High Low Value Volume
38.0¢ 39.0¢ 37.5¢ $27.25K 71.6K

Buyers (Bids)

No. Vol. Price($)
3 66454 37.0¢
 

Sellers (Offers)

Price($) Vol. No.
39.0¢ 26963 2
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Last trade - 15.49pm 30/07/2025 (20 minute delay) ?
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