It's just not. Sure there will be SP pressure in the short term with the price higher than SPP. But it ain't going under 7.5c, Id be surprised if it went under 8c. And shorts will reduce again following SPP.
Risky strategy to seel for the SPP though because it's very clear it is going to be well oversubscribed. You won't get the volume you want.
It's just not. Sure there will be SP pressure in the short term...
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Last
10.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $292.3M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.8¢ | 10.5¢ | $345.5K | 3.290M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 85 | 7503777 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 1991157 | 20 |
View Market Depth
| Last trade - 10.10am 06/06/2024 (20 minute delay) ? |
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Last
10.8¢ |
Change
0.000 ( 1.51 %) |
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| Open | High | Low | Volume | ||
| 10.8¢ | 10.8¢ | 10.5¢ | 643406 | ||
| Last updated 10.23am 06/06/2024 ? | |||||
| PEN (ASX) Chart |