I am interested why some players would want this stock to stay below 40c?
The cap raising offer is 40c and if the stock remains below this price then retail investors will be deterred from taking up the offer.
I would have thought the institutions that bought at the cap raising would be trying to keep it above 40c.
holding but cautious, page-2
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Last
21.0¢ |
Change
0.005(2.44%) |
Mkt cap ! $171.7M | |||
| Open | High | Low | Value | Volume |
| 21.0¢ | 21.5¢ | 20.5¢ | $384.4K | 1.824M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 102500 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 312884 | 5 |
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| Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
| SBM (ASX) Chart |