if they were to sell them all on market at once you could expect share price to fall around 10% (or so) Maybe 15% when you take into account the options.
10.5 cents * 15% = 1.575
Gives us a share price of around 8.9 cents.
So, if I was Clive, Id be saying to the institutions - I'll give you around 8.5-9.0 cents for them.
Otherwise, I flood the market with the 60 mill or so I have accumulated already and then they will be worth much less than what you bought them for...
Up to you...Im Clive Palmer...I dont give a sh*t.
I will get what I want for the price I am willing to pay.
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Last
4.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $35.52M |
Open | High | Low | Value | Volume |
4.9¢ | 4.9¢ | 4.8¢ | $2.624K | 53.82K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 980647 | 4.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.9¢ | 189266 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 980647 | 0.048 |
1 | 200000 | 0.047 |
1 | 100000 | 0.046 |
3 | 500000 | 0.045 |
2 | 190000 | 0.042 |
Price($) | Vol. | No. |
---|---|---|
0.049 | 189266 | 2 |
0.050 | 100000 | 1 |
0.055 | 450000 | 1 |
0.056 | 178589 | 1 |
0.059 | 25000 | 1 |
Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
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