40 million shares will be issued. At least half will keep their shares long term.
20 mil won't be sold same day but could be sold over the period of a month or so.
I assume a lot of them will be around 76c sell orders which may slow the run to $1
Others might be happy to sell between 55-65c so we may see a re-trace to low 60's or high 50's
SPP effect on SP, page-7
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Last
$3.07 |
Change
0.090(3.02%) |
Mkt cap ! $9.197B | |||
| Open | High | Low | Value | Volume |
| $3.05 | $3.09 | $3.02 | $74.82M | 24.46M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 750 | $3.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.07 | 10000 | 1 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| PLS (ASX) Chart |