I also agree with you Harimo but I still think the sp will be stuck here for awhile. I thought yesterday we should have been green and the AFR didnt have as bigger impact as I thought It would. IMO the the rights issue is holding the sp from running, In a few weeks there will be nearly double the shares on offer and it looks like people are waiting for the dust to settle and buy cheaper.
If someone has say 500,000 shares they could sell 330,000 at 2c and buy their entitlement issues at 1c plus get 75,000 free oppies, this might be what is happening atm
resources rising stars covers eri, page-41
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Last
29.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.31M | |||
| Open | High | Low | Value | Volume |
| 29.0¢ | 30.0¢ | 29.0¢ | $8.413K | 28.21K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4976 | 29.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.0¢ | 32323 | 2 |
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