Thing is, pretty much all OAs bought over the past few months are traders looking to flip them - otherwise they would have grabbed heads at <1c. Thats some serious volume coming back on the market in the next few weeks, and the buy stack isn't there to absorb 200M oppies.
Of course, tomorrow could change all that..
On a side note, if you are holding oppies at the expiry date, are you 'required' to convert them if they are in fact, converted?
Thing is, pretty much all OAs bought over the past few months...
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Last
32.0¢ |
Change
-0.030(8.57%) |
Mkt cap ! $153.8M | |||
| Open | High | Low | Value | Volume |
| 34.5¢ | 34.5¢ | 30.5¢ | $330.3K | 1.046M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 225647 | 31.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.0¢ | 13670 | 4 |
View Market Depth
| Last trade - 15.00pm 19/08/2024 (20 minute delay) ? |
| CTM (ASX) Chart |