WOW ... 3% seems like crumbs
I thought that the N was supposed to bring some much needed liquidity to the stock. Hardly seems possible when they can only tap into around 3%.
On the other hand, it could be 3% just to start with.
That way since there is limited stock available, the price may be driven up. Then again that may be temporary because to feed that demand for limited stock, BNYM may buy up more from the ASX to feed the N which in turn my take the steam out of any spike ?
Hopefully there will be substantial demand coming from the US.
Yes, interesting times!
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29.0¢ |
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Open | High | Low | Value | Volume |
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---|---|---|
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3 | 83571 | 0.280 |
6 | 230290 | 0.275 |
8 | 749248 | 0.270 |
4 | 121547 | 0.265 |
Price($) | Vol. | No. |
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