whatsnext,
sell side is a bit heavy today.. I have my opinions here but I remain bullish. I think if you see any volume come out around 30c it will get snapped up pretty quickly.
Yes they could have raised more. Given the demand and they still have another 10% placement capacity, I would not be surprised if there is more to come.. However, if they decided to use that capacity when the shareprice is 50c that is also okay...:)
I am waiting to see a new Top 20 in the next days. If you see from the announcement today, a substancial amount of stock was placed to existing sophisticated and institutional shareholders which shows they support the story.. I think it is also refreshing to see some new holders come onto the register at this price.. They must also see a good upside..
For me, this is done, we now move forward. I am expecting/hoping for more news soon so lets see what that does.
whatsnext, sell side is a bit heavy today.. I have my opinions...
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Last
1.0¢ |
Change
-0.001(9.09%) |
Mkt cap ! $5.129M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 1.0¢ | $19.87K | 1.821M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 2634134 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 149692 | 1 |
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| Last trade - 15.38pm 28/06/2024 (20 minute delay) ? |
| HXG (ASX) Chart |