I see following unfolding next week
LIN trading in limited range 34-37c Mon-Wed
when new 100mil units of stock is allocated Thurs I see downward pressure 33-35c for up to a week, give or take
MRE + results of deep holes will likely come out within days/week of new stock allocations which will help price but don't see any signifciant breakout Unfort, will take 5-10 days for new stock to wash thru
the day after the trading halt re cap raise, the stock traded down to 34.5c with >20mil shares traded... volume has since dried up to about 5mil/day. given there is 100mil new stock hitting the market thurs, I see a bigger volume days (>25mil) Thurs/fri coming. Given 50% went to euroz retail, I see many selling for a 2.5-5% stag dragging price down to the issue price of 33c
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Last
9.9¢ |
Change
-0.006(5.71%) |
Mkt cap ! $114.1M |
Open | High | Low | Value | Volume |
10.0¢ | 10.0¢ | 9.7¢ | $225.6K | 2.260M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 51500 | 9.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.9¢ | 53634 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 51500 | 0.097 |
1 | 100000 | 0.096 |
3 | 95526 | 0.095 |
1 | 20000 | 0.093 |
1 | 10988 | 0.091 |
Price($) | Vol. | No. |
---|---|---|
0.099 | 53634 | 2 |
0.105 | 311000 | 2 |
0.110 | 449979 | 3 |
0.115 | 404465 | 4 |
0.120 | 162338 | 4 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
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