It's not price sensitive because the market has known about this SPP for about 3 weeks.
It should be price sensitive. Price sensitive would indicate an announcement that has the potential to affect the share price of a company. It's 20% down.
Issuing 2/3rds more shares than the market expected to me is worth of a price sensitive announcement.
rmx on 11th feb 2014, page-99
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Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.486M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 1.0¢ | 0.9¢ | $2.996K | 332.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 2451125 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 1396049 | 7 |
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| RMX (ASX) Chart |