Not sure why the level of $1.40 is any sort of meaningful measure of the market's response to the capital raising.
- "600000 volume already traded and we haven't gone under $1.40?? It doesn’t feel like the retail holders are panicking to me. Who's buying them? Feels like the churners wheels are spinning and not going anywhere fast."
TERP is what you should be using as a reference point, and the stock is trading a looong way below TERP.
Keep Calm - it aint that bad!, page-2
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Last
$1.36 |
Change
0.025(1.88%) |
Mkt cap ! $1.547B | |||
| Open | High | Low | Value | Volume |
| $1.35 | $1.40 | $1.34 | $3.352M | 2.460M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 35543 | $1.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.36 | 7262 | 12 |
View Market Depth
| Last trade - 15.29pm 07/11/2024 (20 minute delay) ? |
| MSB (ASX) Chart |