The price already did come down to 80c. In fact, it went down to 78c and hovered between 0.78-0.82c for an entire week (after the trading halt for the SPP).
It's rebounded since then, so do I see it going back down to 0.80 for the sake of it? I doubt the Instos would allow it to get that low. What determines the SP now is material announcements, Quarterly results etc.
It could hover between 0.85-1.05 until the next announcement, due to global market sentiment, daily swings etc. However, this is all just a guess. Could fly past $1 in anticipation to the lead up to the next Quarterly results.
The price already did come down to 80c. In fact, it went down to...
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Last
$1.46 |
Change
0.000(0.00%) |
Mkt cap ! $1.108B | |||
| Open | High | Low | Value | Volume |
| $1.47 | $1.53 | $1.36 | $20.36M | 14.10M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2084 | $1.45 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.46 | 38910 | 6 |
View Market Depth
| Last trade - 16.10pm 17/06/2024 (20 minute delay) ? |
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Last
$1.46 |
Change
0.000 ( 0.57 %) |
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| Open | High | Low | Volume | ||
| $1.47 | $1.53 | $1.36 | 3515186 | ||
| Last updated 15.59pm 17/06/2024 ? | |||||
| DRO (ASX) Chart |
