We're not in the business of coin flipping. If I had to guess at the start I would have said yeap it will rise on IPO but not to these levels however so guess it has surprised. I just can't see how this business gets valued at these levels but hey that's the market price so for every seller there's a buyer willing to pay it...
If instos did buy, they would have done so on sentiment and expected market behaviour rather than fundamentals. So essentially trading the news/hype.
I Bought in Big Today, page-225
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Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.56M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.6¢ | 0.6¢ | $8.981K | 1.526M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 156760 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 11997859 | 13 |
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| Last trade - 16.10pm 18/09/2024 (20 minute delay) ? |
| AUK (ASX) Chart |