Dont expect the share price to drop below 18cents once the retail units get allotted.
Last weeks volume of shares increased to 150+million units. I guess this was due to the institutional units being allotted? Yes units were getting sold, though there was demand buying them straight back.
With the retail allotment only 150 million worth compared to the institutional amount of 450 million units... I really dont see that there will be a major effect on the SP when some retail holders sell their units.
I’m holding mine for a while!
Good times!
Dont expect the share price to drop below 18cents once the...
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Last
$8.42 |
Change
0.030(0.36%) |
Mkt cap ! $1.330B | |||
| Open | High | Low | Value | Volume |
| $8.36 | $8.45 | $8.28 | $4.127M | 490.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2148 | $8.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.44 | 477 | 1 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| ELD (ASX) Chart |