The SPP had the effect I thought it would but it took a while.
What you need to remember with SPPs is people who invest already have CLQ shares. So they can sell their new shares for a quick profit and keep their old shares for the long haul.
Anyway, I sold all my shares at 33.5 and bought back 120% at 27.5. I did not expect them to fall to 26.5 and I hope they do not go lower.
There is a lot happening over the next few months -assay results, consolidation, demerger so we might be looking at more volatility But those who hang around for the demerger could reap rewards.
SPP Effect
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Last
40.0¢ |
Change
0.010(2.56%) |
Mkt cap ! $36.09M | |||
| Open | High | Low | Value | Volume |
| 39.0¢ | 40.0¢ | 36.5¢ | $7.239K | 18.91K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7800 | 37.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.5¢ | 235 | 1 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| SRL (ASX) Chart |