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
$2.99 |
Change
0.010(0.34%) |
Mkt cap ! $9.000B | |||
| Open | High | Low | Value | Volume |
| $2.93 | $3.01 | $2.89 | $104.7M | 35.12M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 11874 | $2.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.99 | 65336 | 3 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |