Some people preempt bad news. Others simply react to it.
If it becomes clear that Lindsay cannot secure finance, some of the people in that second category will sell (potentially, many of them)
And the price will fall below 5c. I would guess it might find a new home in the 2.5 to 3.5c range.
Ann: US$14m Loan Facility Approved & Firm Bids for Placement, page-529
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Last
5.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $48.44M | |||
| Open | High | Low | Value | Volume |
| 5.8¢ | 5.8¢ | 5.6¢ | $4.757K | 84.49K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 84497 | 5.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.8¢ | 172515 | 3 |
View Market Depth
| Last trade - 13.59pm 17/05/2024 (20 minute delay) ? |
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Last
5.6¢ |
Change
0.000 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 5.8¢ | 5.8¢ | 5.5¢ | 128359 | ||
| Last updated 14.34pm 17/05/2024 ? | |||||
| MNB (ASX) Chart |