I hope they don’t raise at a discount to the usual mob of brokers. It creates a relentless wave of supply as the shares are subsequently flipped for quick profit. We’ve all seen this happen before with this stock.
Couple of million may not seem like a lot but demand is thin and it may take a long time to for the register to soak it (not criticising the recent announcement, just my opinion based on previous behaviour and experience)
I hope they don’t raise at a discount to the usual mob of...
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Last
1.4¢ |
Change
-0.001(6.67%) |
Mkt cap ! $37.29M | |||
| Open | High | Low | Value | Volume |
| 1.5¢ | 1.5¢ | 1.3¢ | $4.596K | 325.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 896790 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 424320 | 1 |
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| Last trade - 10.10am 04/10/2024 (20 minute delay) ? |
| KPO (ASX) Chart |