I think the SP drop during SPP was due to following reason as mentioned in February Austock report:
"MCE is close to becoming a 10 bagger in a little over 12
months. This performance makes MCE the best performed
industrial stock of scale in recent times. This can also be a negative, as many investors believe they have missed it and that it has too much downside risk."
This could be a problem again & again when not enough liquidity.
Anyway thanks all who put valuable details in HC thread and most importantly special thanks to the trader (who ever) gave me their shares for $6.63 three weeks ago!!!
Cheers
SAT
I think the SP drop during SPP was due to following reason as...
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Last
33.0¢ |
Change
0.015(4.76%) |
Mkt cap ! $73.85M | |||
| Open | High | Low | Value | Volume |
| 31.5¢ | 33.0¢ | 31.5¢ | $17.54K | 55.70K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 80629 | 31.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.0¢ | 155095 | 2 |
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| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| MCE (ASX) Chart |