Given the info we have now, is anyone able to place a valuation on the company and share price after capital raise has been carried out and shares are on the market?
The reason being, if I take up my full entitlement of shares in the retail offer my average buy price will become .222 per share.
I am wondering if anyone has insight on how long the share price will hover around the .21 mark (if people sell to take up the offer).
Ideally, I would hold for a few months and sell a large packet for upwards of .25 and take a large portion of my original investment off the table dropping my average buy price to around .196
But this all depends on how quickly the share price will rise after the selling stops post capital raise and of course valuations of the company.
Thanks!
- Forums
- ASX - By Stock
- GNX
- Genex valuation?
Genex valuation?
- There are more pages in this discussion • 23 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GNX (ASX) to my watchlist
(20min delay)
|
|||||
Last
26.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $367.0M |
Open | High | Low | Value | Volume |
26.5¢ | 27.0¢ | 26.5¢ | $570.5K | 2.137M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
38 | 29070836 | 26.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
27.0¢ | 19026030 | 161 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
37 | 27113594 | 0.265 |
25 | 32346995 | 0.260 |
1 | 22000 | 0.255 |
6 | 188000 | 0.250 |
1 | 5000 | 0.245 |
Price($) | Vol. | No. |
---|---|---|
0.270 | 18982915 | 160 |
0.275 | 2633267 | 33 |
0.280 | 325968 | 12 |
0.285 | 113136 | 5 |
0.290 | 32180 | 2 |
Last trade - 16.10pm 07/05/2024 (20 minute delay) ? |
|
|||||
Last
26.8¢ |
  |
Change
0.000 ( 0.00 %) |
|||
Open | High | Low | Volume | ||
26.8¢ | 27.0¢ | 26.8¢ | 2710607 | ||
Last updated 15.57pm 07/05/2024 ? |
Featured News
GNX (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
Previous Video
Next Video
SPONSORED BY The Market Online