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Here are some numbers which may be helpful. They are based on my...

  1. 501 Posts.
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    Here are some numbers which may be helpful. They are based on my own research and the order book from yesterday (26th October). As there was a capital raise last year and new share were issued in 2023 to pay the ATA technology, I am using the market capitalisiation (MC; closing prices) instead of the share price (SP) so that the numbers are comparable.

    ATH (all time high) MC: A$ 51.4M (July 2021)
    ATL (all time low) MC: A$ 13.6M (June 2023)
    Current MC: A$ 19.5M (26th October 2023)
    Pitt Street's target MC (base case): A$ 90.95M (July 2022)

    As of 26th October 2023 (order book) there are 22 buyers (317,455 units ) and 22 sellers (423,671 units). If I had decided to sell all my shares at once yesterday (I did not; but bought some more) it is likely that the SP would have dropped to 23c. On the other hand, "only" 223,594 shares need to be bought to take the SP back to 43.5c. I am aware that this is just an indication but nevertheless it is obvious that it does not need much money to move the SP in either direction.

    As long as the next quarterly (expected 31st October) is not bad, we should be okay imo.
 
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Last
28.0¢
Change
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Mkt cap ! $19.49M
Open High Low Value Volume
28.0¢ 28.5¢ 27.0¢ $30.38K 109.5K

Buyers (Bids)

No. Vol. Price($)
1 5386 28.0¢
 

Sellers (Offers)

Price($) Vol. No.
28.5¢ 22277 2
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