I totally agree that there’s not going to be a landslide of money pouring in when the SS is released. I’m saying there will be at least some money released, and that this pressure on the margins of the market will create upwards pressure on the SP. @lindentree has already said that he/she needs more exact details before he/she will believe the lower grades are profitable - and that sort of detail will only be in the SS. So I believe he/she is at least one investor who won’t ever invest before the SS, and that his/her funds may be released once it drops. There will be many others too. If it’s so amazing that it moves the needle for a few institutional investors, all the better - the impact will be huge, but even if it doesn’t, the impact will still be upwards - just smaller.
I totally agree that there’s not going to be a landslide of...
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Last
$1.29 |
Change
0.045(3.61%) |
Mkt cap ! $501.7M | |||
| Open | High | Low | Value | Volume |
| $1.26 | $1.33 | $1.26 | $4.613M | 3.567M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15000 | $1.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.30 | 7818 | 3 |
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| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| CHN (ASX) Chart |