No gap at 1.4 , From a trading point of view, if and I think it will , if 1.2 is touched today or in coming days,, then the 1 cent gap will be in play shortly after.
CHK after the raise now has 665 million shares on issue plus options.
By the time they have earnt the 80 percent farm in on the lease, CHK will have around 1 billion shares on issue.
So caution is needed here in my opinion.
For the savvy trader, a great chance of entering well under 1 cent once the low gaps close.
drifta
Hold on tight to your shares because..., page-56
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Last
0.5¢ |
Change
0.001(25.0%) |
Mkt cap ! $21.48M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.5¢ | 0.4¢ | $16.63K | 4.275M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1384417 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 8574075 | 16 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| ALR (ASX) Chart |