If the SP does not hold up, a good few may just close the books on this and dump out for any price they can get.
The current 0.45c, along with the big trade last week at 4c may suggest a leaky ship and a big shortfall. If the underwriters are left with the stock then their normal MO is to dump ASAP.
If the SP does not hold up, a good few may just close the books...
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Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $20.38M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.6¢ | 0.5¢ | $71.81K | 11.98M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 10730612 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 9523384 | 12 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| OSL (ASX) Chart |