andiver "If they wanted to purchase 100 million shares on market they would probably push the price north of 20cps."
Given 250mio shares traded on the day of the announcement and the share price went from 3c to 6c I think you're being ambitious to expect to get from 4c to 20c with just 100mio.
Watching and waiting Monday to gauge mkt reaction to the perf shares news. Will likely buy either way - if mkt dips on news take the opportunity to buy lower, if not then mkt tells you it's not important and we've found a base.
- Forums
- ASX - By Stock
- bargains galore
andiver "If they wanted to purchase 100 million shares on market...
-
- There are more pages in this discussion • 33 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NMR (ASX) to my watchlist
(20min delay)
|
|||||
Last
3.5¢ |
Change
0.001(2.94%) |
Mkt cap ! $13.94M |
Open | High | Low | Value | Volume |
3.4¢ | 3.5¢ | 3.4¢ | $19.40K | 560.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 225000 | 3.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.5¢ | 117635 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 225000 | 0.032 |
2 | 250000 | 0.031 |
3 | 342966 | 0.030 |
1 | 41475 | 0.029 |
2 | 60000 | 0.020 |
Price($) | Vol. | No. |
---|---|---|
0.035 | 117635 | 2 |
0.036 | 280000 | 1 |
0.038 | 60000 | 1 |
0.040 | 12500 | 1 |
0.042 | 53000 | 1 |
Last trade - 13.26pm 28/10/2024 (20 minute delay) ? |
Featured News
NMR (ASX) Chart |