I find it annoying that the stock price is the subject of continued paper cuts. Pre approval no ROW rights resulted in a reduction from 9 to 7. Post approval, no ROW rights resulted in a drop from 15 to the current price. ROW rights don’t equate to an aggregate $4.625 share price value and reduction, in my humble opinion, and yet it has and here we are. ROW rights announcement are unlikely to recover that loss. I find it hard to fathom that the stock price now is not at least double the pre approval price. Will I sell? Hell no. How does the company hire one or more market makers to eliminate death by paper cut?
Paper Cuts
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Last
$19.02 |
Change
-1.250(6.17%) |
Mkt cap ! $2.428B | |||
| Open | High | Low | Value | Volume |
| $20.40 | $20.50 | $18.82 | $19.92M | 1.034M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1652 | $19.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.03 | 11612 | 4 |
View Market Depth
| Last trade - 16.10pm 04/06/2024 (20 minute delay) ? |
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Last
$19.10 |
Change
-1.250 ( 6.19 %) |
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| Open | High | Low | Volume | ||
| $20.39 | $20.46 | $18.83 | 299764 | ||
| Last updated 15.59pm 04/06/2024 ? | |||||
| NEU (ASX) Chart |