Let’s be honest, it’s only retail investors trading this stock at the moment. Instos need a positive outcome, a big pop in the share price, causing a rise in volume for them to exit.
Doing a capital raise at $3.50-$4 on a positive result would make sense. You are raising money for growth.
Let’s be honest, it’s only retail investors trading this stock...
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Last
$1.40 |
Change
-0.030(2.10%) |
Mkt cap ! $155.5M | |||
| Open | High | Low | Value | Volume |
| $1.40 | $1.40 | $1.35 | $12.28K | 8.988K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3000 | $1.41 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.47 | 1980 | 1 |
View Market Depth
| Last trade - 11.30am 06/08/2024 (20 minute delay) ? |
| CYC (ASX) Chart |