Just to add a perspective on the current position. I took a look at the top 10 Prana sellers this morning (I appreciate that it's a little distorted as trading is yet to commence) but what I can see is that there are 12 offers with a aggregated price of ~$60k. In the context of the market cap (let's say $30m for the sake of the argument) only 0.2% of company's value is on offer and there are 6 sellers willing to release their stock under $0.08 for a grand total of $40k.
There's no mad rush for the exit. People are holding.
I'm disappointed by the share price sure. Does it make a difference to the cash in the bank at Prana? No, only if they're capital raising.
I'm disappointed by the lack of information to base my decision on. So let's all turn up to Armadale at the AGM and ask some questions. Make the meeting go for hours
for whatever reason Prana is holding off on any announcements. Whether it's positive or not they would be trying to determine the best way to either contain the impact of poor news or leverage good news.
(Do your own research)
- Forums
- ASX - By Stock
- ATH
- Silence
Silence, page-31
-
- There are more pages in this discussion • 29 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ATH (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.4¢ |
Change
0.001(33.3%) |
Mkt cap ! $21.28M |
Open | High | Low | Value | Volume |
0.3¢ | 0.4¢ | 0.3¢ | $570 | 149.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 13513113 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 130775819 | 29 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 13513113 | 0.003 |
60 | 77068533 | 0.002 |
27 | 130710099 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 130775819 | 29 |
0.005 | 14549455 | 19 |
0.006 | 22531950 | 19 |
0.007 | 53073650 | 24 |
0.008 | 44655463 | 33 |
Last trade - 15.46pm 27/09/2024 (20 minute delay) ? |
Featured News
ATH (ASX) Chart |