Anyone prepared to conjecture on SP movements immediately post listing and into the future?
After a strike price of 40c I would expect to see the price move up as prospective buyers try to get into the stock. Maybe 45-50c?
Post this some long term holders may want to realise their profits. This will put downward pressure on, perhaps it will soften below the strike price.
Come the June results, though, I agree we will see a bumper profit reported. My guess is the SP will move up above the 50c level.
All this is pure conjecture. Any other guesses so we can see how wrong we were? Ha ha.
IPO - Jupiter Mines Limited, page-24
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Last
18.5¢ |
Change
0.015(8.82%) |
Mkt cap ! $362.6M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 18.5¢ | 17.3¢ | $1.913M | 10.64M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4511 | 18.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.5¢ | 621468 | 11 |
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