PS i believe that when the market cap drops below $100M some of the funds cant hold it and have to sell down, which creates opportunity for other instos on the buy side.
PPS i think that on the last dip , someone sharply corrected the SP upwards above the $100M market cap shortly after it dropped under this mark (only a suspicion no proof). I expect that the same will happen here and it wont stay under $100M for long
The real defining moment for the SP will be the half year results, until then it will float either way
Patience to win, page-175
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Last
38.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $410.6M | |||
| Open | High | Low | Value | Volume |
| 37.0¢ | 38.5¢ | 37.0¢ | $322.8K | 852.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 38000 | 37.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.5¢ | 524816 | 7 |
View Market Depth
| Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
| CAJ (ASX) Chart |