Who knows. Shares are a risky business. Traders may sell some shares but if the company does well from the spp, that is, better deal than the Springtree finance then it could be seen as a positive. Some may sell their 15c shares but it may only viable to do so if there is a profit in it, that is, an sp above that price. I suspect if the company does well and the sp trends up many will not sell just as is the case with existing holders who may have bought their shares cheaply but still hold. Good news would be great bad news unwelcome. We will just have to wait and see. Its our choice, our business, what we do. No-one has a crystal ball that can predict what will definitely take place. 18.5c close today.
Im in and hoping.
cheers
looking ahead, page-5
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Last
29.5¢ |
Change
-0.040(11.9%) |
Mkt cap ! $428.5M | |||
| Open | High | Low | Value | Volume |
| 32.0¢ | 33.0¢ | 28.0¢ | $7.278M | 23.75M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 53192 | 29.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.5¢ | 41048 | 1 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| IMM (ASX) Chart |