how many of the spp- shares will be traded back for a secure and short 10% return?
if thats realistically about 30% of 100 mln spp- shares ( full subscription assumed) on the ask-side at about 16.5 cent in thin summer trading, that may take some time to digest.
but if the rest of the shorts will have to be covered due to good news on friday, it may be a only few days to wait only.
however it is more important to get the shorts out than to look for a short-term win.
stay patient
long for longer
SP by June 30?, page-14
Add ADN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.9¢ |
Change
-0.001(5.00%) |
Mkt cap ! $59.09M | |||
| Open | High | Low | Value | Volume |
| 2.1¢ | 2.1¢ | 1.9¢ | $1.719K | 85.93K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 2222567 | 1.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.0¢ | 440726 | 1 |
View Market Depth
| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| ADN (ASX) Chart |