Cmc markets are bastards. Wouldn't let me short this stock via a CFD. Maybe its because their dealers believe it will fall. I don't see any reason why they wouldn't be right about it. All the people who get it at 0.30 have an incentive to make a 40%+ gain on it by selling.
I know many of you have noted that there are raising where the price stayed above SPP price for some time but there are plenty that have not.
BLY was one for instance. Now its at 0.35c/share but post the capital raising at 0.30 it fell to around 0.27 before advancing.
I use BLY as an example as it seemed to be facing similar issues to BOL and is a cyclical stock.
ckeck out another good ann. for bol, page-13
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Last
14.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $59.03M | |||
| Open | High | Low | Value | Volume |
| 13.8¢ | 14.5¢ | 13.8¢ | $68.72K | 482.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 121896 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 982978 | 8 |
View Market Depth
| Last trade - 15.37pm 11/10/2024 (20 minute delay) ? |
| BOL (ASX) Chart |