Macros
how do you read the market reaction to the proposed deal?
Looks to me that "the market" is taking a back-seat and is prepared to see what will eventuate - if anything or any modifications to the deal
Friday's trade was much more exhilarating and on let's say "murky" assumptions - but now that some facts (not sure we have all the facts yet) are on the table the reaction is cool.
Some holders are spooked and willing to let go of their holdings - a minority at this stage - but there an apt little saying in German: " to have eyes bigger than your stomach"
So hope that isn't the case!!!!!!
Macroshow do you read the market reaction to the proposed...
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Last
18.0¢ |
Change
-0.010(5.26%) |
Mkt cap ! $51.58M | |||
| Open | High | Low | Value | Volume |
| 19.0¢ | 19.0¢ | 18.0¢ | $6.706K | 36.95K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 20497 | 18.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.5¢ | 47412 | 2 |
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| Last trade - 16.10pm 07/11/2024 (20 minute delay) ? |
| FML (ASX) Chart |