Are you suggesting that investors should be happy with the result of the first day (non) trade in the Nasdaq?
In my opinion, zero trade on listing day is a disaster.
Dont get me wrong, i am not saying the stock is lousy. I want to buy it too but because of this result, why should I be buying now. Might as well let the sellers clear stock first.
nasdaq listing exercise, page-5
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Last
29.0¢ |
Change
0.020(7.41%) |
Mkt cap ! $421.8M | |||
| Open | High | Low | Value | Volume |
| 27.5¢ | 29.5¢ | 27.0¢ | $1.138M | 3.985M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 63444 | 28.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.5¢ | 65000 | 2 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| IMM (ASX) Chart |