Bingo
Bells probably started selling as soon as they received stock in profit, then continued to sell beneath 65c given fees etc would cover the small loss to ensure they take the loot with the SPP
Should know fairly quickly whether they are taking it or not
Only 1 day of this SPP overhang to go. My guess is they keep it at 63c or lower tomorrow so all the smarties making last minute decisions re: SPP think they can get their $15k on market next day cheaper and don't take it - then magically we are 65c+ come Thursday, Bell's take the shortfall and all the retail mugs who panicked and didn't take it, do just that again thinking they've missed out and buy back on market
Thursday morning 65c+, just a hunch
mind boggling announcement has not sunk in yet, page-42
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Last
10.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $43.90M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 11.5¢ | 10.0¢ | $110.6K | 1.006M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 83046 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 30000 | 1 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| SPL (ASX) Chart |