Not many punters including me say a RTO coming and the subsequent low ball cap raise at 2c. This has halted all momentum and driven the share price to where its at now. If there was no mention of the 2c cap raising, further gains would have been had, simple as that. I don't believe we will see another announcement for at least a couple of weeks as SRT management work on finalising the necessary documentation required for an RTO. Question to all, did VTX also announce a cap raising in their acquisition announcement at a price roughly 30% lower then the stocks pre run up highs (i.e. SRT)? This will tell us if SRT will behave in a similar manner to any of the other MW shells. Certainly seems a medium to long term play if that answer is NO, cheers all
Not many punters including me say a RTO coming and the...
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Last
21.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $35.57M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 50000 | 20.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.0¢ | 64032 | 3 |
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| Last trade - 10.00am 20/06/2024 (20 minute delay) ? |
| SRT (ASX) Chart |
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