IFE price dropping early as some of those who have just been allocated their stock grab a quick profit.
Nothing to worry about, the price is trading well above the 85c price of allocations, so only to be expected that some will offload quickly.
Should settle down in the next few days.
Still plenty of value to be had over the long term, though I can see the attraction that some might have, at $1.10, its 110/85 = 29% profit...... which is a healthy reward for the faithful, though I would have thought the true faithful would be in it for a while longer.
price being hit by quick profit takers
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.15M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.4¢ | $52.40K | 12.85M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 544385 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 4020458 | 8 |
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| Last trade - 11.48am 02/08/2024 (20 minute delay) ? |
| TYX (ASX) Chart |