Bigdigger,
The opening price is going to depend on WHY the DD failed.
1. If, as I suspect, Dynavolt merely used it as any excuse not do commit any funds at this time (in light of their own internal predicament) and it is confirmed BCC are moving forward as planned then I don't think any drop will be too severe. Probably only as low as the 18c BCC bought in at. Who knows with the ASX, it could even rise!!!!
2. If, however, there is a legitimate reason for Dynavolt pulling out (i.e. some doubt about the resource itself) and they can't confirm BCC then it could approach the historic lows of 8.8c
Best of luck to all holders
Dynavolt pulled off, page-9
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Last
22.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $43.25M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 22.0¢ | 21.5¢ | $17.53K | 80.01K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 62916 | 21.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.0¢ | 4634 | 1 |
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| Last trade - 15.55pm 29/07/2024 (20 minute delay) ? |
| MTC (ASX) Chart |