It’s always unpleasant to sit on paper losses but even more unpleasant to realise them, especially when there is absolutely no logical reason to do so. I cannot see anything about this company that has changed since their IPO other than seed investors taking profits and creating a buying opportunity for others. If BIO did their IPO at current prices they would be offering the business at around $10m pre-money - you don’t see offers like that often or at least I haven’t.
I think the drop in share price is just noise for now. I will be looking to the company’s fundaments. As far as I am concerned, nothing has changed
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Last
71.0¢ |
Change
-0.010(1.39%) |
Mkt cap ! $147.5M |
Open | High | Low | Value | Volume |
72.0¢ | 72.0¢ | 67.5¢ | $452.9K | 644.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 16850 | 70.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
72.0¢ | 20554 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 16850 | 0.700 |
4 | 20872 | 0.695 |
6 | 36398 | 0.690 |
4 | 32162 | 0.685 |
6 | 61849 | 0.680 |
Price($) | Vol. | No. |
---|---|---|
0.720 | 20554 | 3 |
0.725 | 3777 | 1 |
0.730 | 73725 | 4 |
0.735 | 3777 | 1 |
0.740 | 4443 | 2 |
Last trade - 11.30am 04/09/2024 (20 minute delay) ? |
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BIO (ASX) Chart |