Which way is this going to go.
No one willing to sell into resistance at 28.5c.
And none one jumping in to buy the 29-30's out. YET!!!
People are still trying to decide whether the announcement is good or bad in the short term.
Something is definately going on behind the scenes.
Too much volume to dismiss that yesterday. Especially the after 4pm trades.
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Am I right in saying that the Rights issue should not effect the share price movement, as the discounted price is taken from the VWAP of the Share between the 1st & 15th of next month.
Does this mean if the VWAP of the share is 45c over that period, and the share price is 60c around the 8th of May, then you will be up 15c or so per share right that you have purchased.
Which way is this going to go.No one willing to sell into...
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Last
$1.16 |
Change
-0.035(2.94%) |
Mkt cap ! $1.032B | |||
| Open | High | Low | Value | Volume |
| $1.14 | $1.16 | $1.14 | $2.249M | 1.952M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 119 | $1.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.17 | 33037 | 4 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| ABG (ASX) Chart |