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
40.0¢ |
Change
0.010(2.56%) |
Mkt cap ! $81.63M | |||
| Open | High | Low | Value | Volume |
| 40.0¢ | 40.5¢ | 39.0¢ | $52.18K | 130.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3700 | 40.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.5¢ | 24693 | 1 |
View Market Depth
| Last trade - 10.11am 14/05/2024 (20 minute delay) ? |
| OCC (ASX) Chart |