"Sophs were always going to dump for whatever small ROI they could get.
Even a 10% profit is great when you consider they still have oppies in their back pocket."
10% is a great short term profit but I'll bet you that a large majority of the $6mill that went into this cr is waiting for much higher prices. For starters, all of the directors $900k is highly unlikely to be sold for quite a long time. I expect the same applies to many of the sophs.
How many do sell soon only affects the short term sp anyway and it gives others a chance to buy at these lower sp's too. Some here even expect to buy below the cr price.
"Sophs were always going to dump for whatever small ROI they...
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Last
5.6¢ |
Change
-0.002(3.45%) |
Mkt cap ! $48.44M | |||
| Open | High | Low | Value | Volume |
| 5.6¢ | 5.6¢ | 5.5¢ | $9.232K | 166.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 99963 | 5.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.8¢ | 252589 | 4 |
View Market Depth
| Last trade - 15.37pm 03/05/2024 (20 minute delay) ? |
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Last
5.6¢ |
Change
-0.002 ( 1.82 %) |
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| Open | High | Low | Volume | ||
| 5.6¢ | 5.6¢ | 5.5¢ | 86140 | ||
| Last updated 15.37pm 03/05/2024 ? | |||||
| MNB (ASX) Chart |