Yes your right Gary, about 120m shares on issue now, thanks for that.
So about 72% (87m) traded today at volume weighted price of around $0.562 and therefore I would imagine that most of these won’t be in a hurry to sell at a loss.
Top 20 hold about 52m shares, some may sell but most will be long term holders.
Those two groups make up 140m shares and there’s only 120m in issue so I would expect sellers to become very scarce below $0.56.
Will be interesting to see how this opens in the morning.
OCC chart, page-35
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 (20min delay)
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Last
37.5¢ |
Change
-0.005(1.32%) |
Mkt cap ! $78.49M | |||
| Open | High | Low | Value | Volume |
| 38.5¢ | 38.5¢ | 37.5¢ | $12.56K | 33.18K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 35792 | 37.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.5¢ | 5000 | 1 |
View Market Depth
| Last trade - 15.52pm 26/04/2024 (20 minute delay) ? |
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Last
37.5¢ |
Change
-0.005 ( 1.32 %) |
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| Open | High | Low | Volume | ||
| 39.0¢ | 39.0¢ | 37.5¢ | 21661 | ||
| Last updated 13.23pm 26/04/2024 ? | |||||
| OCC (ASX) Chart |