The masses arent buying ON-MARKET atm because they are better off buying via the Underwriting/SPP.
I, for example, have bought shares to the value of $30K in the past month via the Underwriting/SPP and have spent zero $$$ buying On-Market.
In other words, it is currently MORE PROFITABLE to buy shares via the placement than it is to buy On-Market.
Off course, bargain hunters have 1 more day to participate in the SPP before they begin to buy On-Market again.
The masses arent buying ON-MARKET atm because they are better...
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Last
0.3¢ |
Change
-0.001(14.3%) |
Mkt cap ! $9.515M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $99 | 33.04K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 48 | 18562373 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 11561026 | 24 |
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| Last trade - 13.27pm 05/07/2024 (20 minute delay) ? |
| ECT (ASX) Chart |