Cornerstone investors generally come in at a market discount. Just like the cap raising whatever price they come in at I expect the sp to run towards it. If it's low and it disaapoints then the volume could be used by the shorts to cover.
I can not see the shorts being burnt. They have been benefiting from the go slow.
from my observation the shorts and the bod have a nice cosy relationship. And hence my disgust.
Cornerstone investors generally come in at a market discount....
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Last
15.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $381.9M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.0¢ | 15.5¢ | $187.8K | 1.201M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 69 | 2398270 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 1671325 | 28 |
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| Last trade - 16.10pm 28/10/2024 (20 minute delay) ? |
| ARU (ASX) Chart |