Unfortunately I think you may be right here Princey.
The set up is there for a massive pump out of the IPO, but no incentive for new holders to get in now, or push the price higher.
They probably Only need about $12m AUD to be well and truely funded for the season, so we can only hope they scale back the IPO if price is here or below when it happens.
Sucks for us longtermers, but we are at the mercy of sharks. How to navigate it? Only thing to do is to try and scrape funds together to capitalise if the price pulls back.
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Last
21.0¢ |
Change
0.005(2.44%) |
Mkt cap ! $57.35M | |||
| Open | High | Low | Value | Volume |
| 21.0¢ | 22.5¢ | 20.8¢ | $99.89K | 465.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3431 | 20.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 38649 | 3 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| NVA (ASX) Chart |