Potential slight sell down but hard to determine what would happen. It could bounce sharply higher if some of those stakeholders didn't get their fill in that placement. They could easily continue too load up on market.
A lot of the guys who participated are existing stakeholders so they could even be taking some off the plate now from their existing holdings. Shareholders have the opportunity to take some off the plate now if they have concerns so no need to complain if it drops.
I for one believe they can use the 20 million they have at bank to bump the price considerably higher so I'll be staying in and if they dip slightly I'll ride it those dips.
The forum is dead quiet when the trading opportunity doesn't present though. Day traders are probably occupied with other runners at the moment.
Capital Raising Offer to Limited Parties, page-204
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Last
13.5¢ |
Change
0.005(3.85%) |
Mkt cap ! $120.4M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.5¢ | 13.0¢ | $72.33K | 542.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 1485016 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 767990 | 27 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| BUB (ASX) Chart |