the Americans have'nt started buying yet and why would they.They are not buying so Australian share holders can make money.Their object has always been to buy them as cheap as possible after they are listed,so as to maximise profits.Why buy now while sp is dropping in Autsralia where 100% of shares are held.Wait and let Ozzie holders whiteant their own company.
The few shares sold this far on the nasdaq are individuals playing with the share price and reflects nothing of the interest in US.One must remember while it is never seen in Australia that a bio with so far to go should have a mc over $200m,in the US it is common,infact it is considered a very small mc.So we hold a good value company with great potential.
It has always been in the interest of US buyers to kick off with an Australian share price as low as possible.
the Americans have'nt started buying yet and why would they.They...
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Last
39.0¢ |
Change
-0.005(1.27%) |
Mkt cap ! $566.5M | |||
| Open | High | Low | Value | Volume |
| 39.0¢ | 39.8¢ | 38.5¢ | $1.972M | 5.027M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 76111 | 38.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 39.5¢ | 82464 | 3 |
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| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| IMM (ASX) Chart |