In my own selfish opinion I won't think it will be bad for all. As you stated "This will cause the SP to drop further than the fundamentals". To dump there has to be buyers. I will be a buyer.
At the extreme worse case scenario the share can only drop to .001 .
And if as you state the share price is below fundamentals then .002 would be on the cards come the new FY.
I will take a 100% profit any day of the week ( ala PCL)
However I readily admit I have no idea what the low point price will end up being and profit may not be 100%.
I do feel though there may be an opportunity to get in during a dump at a price below what it fundamentally should be.
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Last
50.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $46.66M |
Open | High | Low | Value | Volume |
50.5¢ | 50.5¢ | 50.5¢ | $14.48K | 28.69K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 5356 | 50.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
51.0¢ | 59999 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 5356 | 0.505 |
2 | 30878 | 0.500 |
1 | 30000 | 0.495 |
2 | 28930 | 0.480 |
2 | 70000 | 0.475 |
Price($) | Vol. | No. |
---|---|---|
0.510 | 59999 | 2 |
0.525 | 69690 | 1 |
0.530 | 30000 | 1 |
0.535 | 30000 | 1 |
0.540 | 52471 | 2 |
Last trade - 15.44pm 12/07/2024 (20 minute delay) ? |
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