i certainly hope how you've explained it pans out. But even if it's a cornerstone investor and they want a discount to SP, the shorters will still win, as they'll close out at the discount price.
What I've noticed with CR and shorts with other stocks is the SP gets walked down significantly to the price instos want to raise at and then they will want the discount too. Looking at how AT managed the last CR I was hoping cu6 would be different, but looking at how this is tracking, we will see...
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Last
$2.09 |
Change
-0.040(1.88%) |
Mkt cap ! $671.8M | |||
| Open | High | Low | Value | Volume |
| $2.15 | $2.21 | $2.09 | $3.560M | 1.666M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 37360 | $2.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.10 | 10220 | 1 |
View Market Depth
| Last trade - 16.10pm 25/06/2025 (20 minute delay) ? |
| CU6 (ASX) Chart |